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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

TRACON Pharmaceuticals, Inc. (NASDAQ:TCON)

Countertrend Down (-85) - TCON is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

NASDAQ_TCON
Open High Low TCON Price Change
2.09 2.34 2.06 2.13 -0.16
Entry Signal

MarketClub’s Trade Triangles for TCON

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 2.820

intermediate term down The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 0.231

short term up The short-term trend has been UP since Apr 17th, 2024 at 2.650

Smart Scan Analysis for TCON

Based on our trend formula, TCON is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for TCON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.09 2.34 2.06 2.13 -0.16
Prev. Close Volume Bid Ask Time
2.11 345920 2024-04-18 15:59:35
Year High3.6Year High Date2018-01-03
Year Low1.0341Year Low Date2018-11-28
52wk High82052wk High Date2023-04-18
52wk Low0.230252wk Low Date2024-04-10
Average Volume158,194Shares Outstanding114
Market Cap15MAssets10,105,000M
Liabilities10,914,000MP/E Ratio-0.04090000
Volatility65.41
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