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.
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 UP since May 24th, 2023 at 10.2200
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).
|52wk High||13.1799||52wk High Date||2023-01-06|
|52wk Low||5.15||52wk Low Date||2022-06-10|
|Average Volume||72,556||Shares Outstanding||24,447|