Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Elite Pharmaceuticals, Inc. (NASDAQ:ELTP)

Countertrend Up (+85) - ELTP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid ELTP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ELTP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ELTP
Open High Low ELTP Price Change
0.0478 0.0478 0.0422 0.0469 -0.0011
Entry Signal

MarketClub’s Trade Triangles for ELTP

long term up The long-term trend has been UP since Jan 10th, 2022 at 0.0464

intermediate term up The intermediate-term trend has been UP since May 3rd, 2022 at 0.0395

short term down The short-term trend has been DOWN since Jul 5th, 2022 at 0.0428

Smart Scan Analysis for ELTP

Based on our trend formula, ELTP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for ELTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0478 0.0478 0.0422 0.0469 -0.0011
Prev. Close Volume Bid Ask Time
0.0480 311818 2022-07-05 13:07:02
Year High0.145Year High Date2018-01-11
Year Low0.072Year Low Date2018-11-15
52wk High0.05552wk High Date2021-08-16
52wk Low0.02352wk Low Date2021-12-06
Year End Close0.0799Average Volume400,163
Shares Outstanding1,011,282Short Interest757,074
% Institutional0.3Assets31,946,896M
Liabilities9,157,342MP/E Ratio4.79
Beta0.66Volatility49.67
Get a free daily analysis and signals for Elite Pharmaceuticals, Inc. (ELTP) - Request Your Free Report.