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Stock Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

TRACON Pharmaceuticals, Inc. (NASDAQ:TCON)

Bear Market Rally (-75) - TCON is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TCON as it may be in the beginning of a reversal.

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
1.4900 1.5299 1.4800 1.5200 +0.0300
Entry Signal

MarketClub’s Trade Triangles for TCON

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 2.8200

intermediate term down The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 0.2310

short term up The short-term trend has been UP since May 23rd, 2024 at 1.5484

Smart Scan Analysis for TCON

Based on our trend formula, TCON is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for TCON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4900 1.5299 1.4800 1.5200 +0.0300
Prev. Close Volume Bid Ask Time
1.5000 31751 2024-05-28 15:28:45
Year High3.6Year High Date2018-01-03
Year Low1.0341Year Low Date2018-11-28
52wk High294.9252wk High Date2024-03-13
52wk Low0.230252wk Low Date2024-04-10
Average Volume152,033Shares Outstanding2,679
Market Cap15MAssets9,355,000M
Liabilities11,117,000MP/E Ratio0.0043
Volatility65.41
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