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Stock Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
TELA Bio, Inc. - Common stock (NASDAQ:TELA)
Countertrend Down (-85) - TELA 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 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.
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MarketClub’s Trade Triangles for TELA
The long-term trend has been DOWN since Apr 19th, 2023 at 9.2281
The intermediate-term trend has been DOWN since Mar 5th, 2024 at 6.6500
The short-term trend has been UP since Apr 17th, 2024 at 5.0500
Smart Scan Analysis for TELA
Based on our trend formula, TELA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.130 | 5.185 | 4.650 | 4.735 | -0.415 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.750 | 101548 | 2024-04-19 15:59:01 |
| 52wk High | 11.26 | 52wk High Date | 2023-06-12 |
| 52wk Low | 4.2349 | 52wk Low Date | 2023-11-13 |
| Average Volume | 206,496 | Shares Outstanding | 24,650 |
| Assets | 78,048,000M | Liabilities | 59,167,000M |
| P/E Ratio | 0.2449 |