Stock Trend Analysis Report
Prepared for you on Tuesday, September 27, 2022.
Ensysce Biosciences, Inc. (NASDAQ:ENSC)
Long-Term Downtrend (-90) - ENSC is in a strong downtrend that is likely to continue. While ENSC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ENSC?
MarketClub looks at technical strength and momentum to determine if the timing is right for ENSC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ENSC
The long-term trend has been DOWN since Feb 18th, 2022 at 1.250
The intermediate-term trend has been DOWN since Sep 16th, 2022 at 0.320
The short-term trend has been DOWN since Sep 16th, 2022 at 0.331
Smart Scan Analysis for ENSC
Based on our trend formula, ENSC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7||52wk High Date||2021-12-23|
|52wk Low||0.192||52wk Low Date||2022-09-22|
|Average Volume||1,732,916||Shares Outstanding||34,561|