Stock Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
Eledon Pharmaceuticals, Inc. (NASDAQ:ELDN)
Strong Downtrend (-100) - ELDN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ELDN continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for ELDN
The long-term trend has been DOWN since Mar 4th, 2021 at 13.8350
The intermediate-term trend has been DOWN since Jan 19th, 2022 at 3.9377
The short-term trend has been DOWN since Jan 18th, 2022 at 4.2400
Smart Scan Analysis for ELDN
Based on our trend formula, ELDN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||22.91||52wk High Date||2021-02-09|
|52wk Low||3.7||52wk Low Date||2022-01-19|
|Average Volume||176,661||Shares Outstanding||14,307|