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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Eledon Pharmaceuticals, Inc. (NASDAQ:ELDN)
Bull Market Weakness (+75) - ELDN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ELDN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ELDN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELDN.
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 ELDN
The long-term trend has been UP since Dec 26th, 2023 at 1.8059
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1.5395
The short-term trend has been UP since Apr 18th, 2024 at 1.6900
Smart Scan Analysis for ELDN
Based on our trend formula, ELDN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5500 | 1.8600 | 1.5500 | 1.8445 | +0.2745 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5700 | 71743 | 2024-04-18 12:37:38 |
| 52wk High | 2.95 | 52wk High Date | 2023-05-10 |
| 52wk Low | 1.07 | 52wk Low Date | 2023-11-09 |
| Average Volume | 123,685 | Shares Outstanding | 24,198 |
| Assets | 89,066,000M | Liabilities | 5,647,000M |
| P/E Ratio | -0.25630000 |