Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Sunday, June 4, 2023.

TELA Bio, Inc. - Common stock (NASDAQ:TELA)

Sidelines Mode (-55) - TELA 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 TELA?

MarketClub looks at technical strength and momentum to determine if the timing is right for TELA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_TELA
Open High Low TELA Price Change
10.44 10.73 10.27 10.59 +0.25
Entry Signal

MarketClub’s Trade Triangles for TELA

long term down The long-term trend has been DOWN since Apr 19th, 2023 at 9.2281

intermediate term up The intermediate-term trend has been UP since May 24th, 2023 at 10.2200

short term down The short-term trend has been DOWN since May 30th, 2023 at 9.9900

Smart Scan Analysis for TELA

Based on our trend formula, TELA is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for TELA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.44 10.73 10.27 10.59 +0.25
Prev. Close Volume Bid Ask Time
10.59 54529 2023-06-02 15:59:55
52wk High13.179952wk High Date2023-01-06
52wk Low5.1552wk Low Date2022-06-10
Average Volume72,556Shares Outstanding24,447
Assets67,855,000MLiabilities53,550,000M
P/E Ratio0.2449
Get a free daily analysis and signals for TELA Bio, Inc. - Common stock (TELA) - Request Your Free Report.