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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

ESCALON MEDICAL CORP (NASDAQ:ESMC)

Sidelines Mode (+50) - ESMC is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ESMC can gain momentum.

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

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

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

NASDAQ_ESMC
Open High Low ESMC Price Change
0.24590 0.24800 0.22613 0.24800 +0.03800
Entry Signal

MarketClub’s Trade Triangles for ESMC

long term down The long-term trend has been DOWN since Oct 20th, 2023 at 0.20200

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2024 at 0.19000

short term up The short-term trend has been UP since Mar 28th, 2024 at 0.22945

Smart Scan Analysis for ESMC

Based on our trend formula, ESMC is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for ESMC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24590 0.24800 0.22613 0.24800 +0.03800
Prev. Close Volume Bid Ask Time
0.21000 14975 2024-03-28 15:39:20
Year High0.36Year High Date2018-08-30
Year Low0.1082Year Low Date2018-08-20
52wk High0.3952wk High Date2023-10-02
52wk Low0.06552wk Low Date2023-05-08
Year End Close0.9501Average Volume8,597
Shares Outstanding7,415Short Interest411
% Institutional3.9Assets4,706,263M
Liabilities2,868,938MP/E Ratio5.5263
Beta-0.90000000Volatility256.13
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