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Stock Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

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

Weak Downtrend (-65) - TELA is showing signs of a strengthening downtrend. Monitor TELA as it may be building momentum to the downside.

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
2.98 3.12 2.98 3.05 +0.08
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 down The intermediate-term trend has been DOWN since Dec 5th, 2024 at 2.8000

short term up The short-term trend has been UP since Dec 9th, 2024 at 3.0400

Smart Scan Analysis for TELA

Based on our trend formula, TELA is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TELA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.98 3.12 2.98 3.05 +0.08
Prev. Close Volume Bid Ask Time
2.97 120779 2024-12-09 15:59:41
52wk High7.8452wk High Date2024-01-26
52wk Low2.352wk Low Date2024-10-10
Average Volume199,075Shares Outstanding39,388
Assets53,016,000MLiabilities59,288,000M
P/E Ratio0.2449
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