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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

TRACON Pharmaceuticals, Inc. (NASDAQ:TCON)

Long-Term Uptrend (+90) - TCON is in a strong uptrend that is likely to continue. While TCON is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

NASDAQ_TCON
Open High Low TCON Price Change
0.4066 0.4601 0.3971 0.4310 +0.0209
Entry Signal

MarketClub’s Trade Triangles for TCON

long term up The long-term trend has been UP since Mar 7th, 2024 at 0.23

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2024 at 0.20

short term up The short-term trend has been UP since Mar 22nd, 2024 at 0.51

Smart Scan Analysis for TCON

Based on our trend formula, TCON is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for TCON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4066 0.4601 0.3971 0.4310 +0.0209
Prev. Close Volume Bid Ask Time
0.4298 2919476 2024-03-28 15:59:55
Year High3.6Year High Date2018-01-03
Year Low1.0341Year Low Date2018-11-28
52wk High2.1952wk High Date2023-03-29
52wk Low0.125552wk Low Date2023-10-10
Average Volume7,206,047Shares Outstanding45,505
Market Cap15MAssets10,105,000M
Liabilities10,914,000MP/E Ratio-0.40000000
Volatility65.41
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