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Stock Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
TRACON Pharmaceuticals, Inc. (NASDAQ:TCON)
Long-Term Downtrend (-90) - TCON is in a strong downtrend that is likely to continue. While TCON is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for TCON
The long-term trend has been DOWN since Apr 25th, 2023 at 1.2900
The intermediate-term trend has been DOWN since Sep 20th, 2023 at 0.2002
The short-term trend has been DOWN since Sep 19th, 2023 at 0.2256
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2200 | 0.2205 | 0.2095 | 0.2174 | -0.0017 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2191 | 268795 | 2023-09-22 15:59:55 |
| Year High | 3.6 | Year High Date | 2018-01-03 |
| Year Low | 1.0341 | Year Low Date | 2018-11-28 |
| 52wk High | 2.19 | 52wk High Date | 2023-03-29 |
| 52wk Low | 0.1831 | 52wk Low Date | 2023-09-20 |
| Average Volume | 474,194 | Shares Outstanding | 30,700 |
| Market Cap | 15M | Assets | 12,190,000M |
| Liabilities | 27,929,000M | P/E Ratio | -0.40000000 |
| Volatility | 65.41 |