Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
TRACON Pharmaceuticals, Inc. (NASDAQ:TCON)
Sidelines Mode (-55) - TCON is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TCON?
MarketClub looks at technical strength and momentum to determine if the timing is right for TCON.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TCON
The long-term trend has been DOWN since Apr 25th, 2023 at 1.29
The intermediate-term trend has been DOWN since Apr 25th, 2023 at 1.70
The short-term trend has been UP since Jun 5th, 2023 at 0.62
Smart Scan Analysis for TCON
Based on our trend formula, TCON is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.608000 | 0.629899 | 0.608000 | 0.625000 | -0.015000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.640000 | 13595 | 2023-06-09 10:05:11 |
| Year High | 3.6 | Year High Date | 2018-01-03 |
| Year Low | 1.0341 | Year Low Date | 2018-11-28 |
| 52wk High | 2.32 | 52wk High Date | 2022-08-16 |
| 52wk Low | 0.55 | 52wk Low Date | 2023-06-01 |
| Average Volume | 80,671 | Shares Outstanding | 22,211 |
| Market Cap | 15M | Assets | 8,323,000M |
| Liabilities | 19,395,000M | P/E Ratio | -0.40000000 |
| Volatility | 65.41 |