Stock Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
TRACON Pharmaceuticals, Inc. (NASDAQ:TCON)
Strong Uptrend (+100) - TCON is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TCON continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Sep 1st, 2020 at 2.40
The intermediate-term trend has been UP since Nov 9th, 2020 at 5.65
The short-term trend has been UP since Nov 19th, 2020 at 7.97
Smart Scan Analysis for TCON
Based on our trend formula, TCON is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3.6||Year High Date||2018-01-03|
|Year Low||1.0341||Year Low Date||2018-11-28|
|52wk High||6.37||52wk High Date||2020-09-18|
|52wk Low||0.95||52wk Low Date||2020-03-16|
|Average Volume||340,399||Shares Outstanding||8,499|