Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
TRACON Pharmaceuticals, Inc. (NASDAQ:TCON)
Countertrend Down (-85) - TCON is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Apr 10th, 2024 at 2.8200
The intermediate-term trend has been DOWN since Jul 10th, 2024 at 0.7000
The short-term trend has been UP since Jul 22nd, 2024 at 0.6551
Smart Scan Analysis for TCON
Based on our trend formula, TCON is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.630000 | 0.650000 | 0.630000 | 0.630000 | -0.025075 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.655075 | 1564 | 2024-07-26 15:16:36 |
| Year High | 3.6 | Year High Date | 2018-01-03 |
| Year Low | 1.0341 | Year Low Date | 2018-11-28 |
| 52wk High | 294.92 | 52wk High Date | 2024-03-13 |
| 52wk Low | 0.2302 | 52wk Low Date | 2024-04-10 |
| Average Volume | 84,355 | Shares Outstanding | 2,679 |
| Market Cap | 15M | Assets | 9,355,000M |
| Liabilities | 11,117,000M | P/E Ratio | 0.0019 |
| Volatility | 65.41 |