Stock Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
TRACON Pharmaceuticals, Inc. (NASDAQ:TCON)
Strong Downtrend (-100) - TCON is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TCON?
MarketClub looks at technical strength and momentum to determine if the timing is right for TCON.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TCON
The long-term trend has been DOWN since Mar 5th, 2021 at 7.3000
The intermediate-term trend has been DOWN since Sep 30th, 2021 at 3.6639
The short-term trend has been DOWN since Nov 30th, 2021 at 2.5200
Smart Scan Analysis for TCON
Based on our trend formula, TCON is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3.6||Year High Date||2018-01-03|
|Year Low||1.0341||Year Low Date||2018-11-28|
|52wk High||12.2||52wk High Date||2021-01-04|
|52wk Low||2.37||52wk Low Date||2021-11-23|
|Average Volume||219,020||Shares Outstanding||19,446|