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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.

Open High Low TCON Price Change
0.2200 0.2205 0.2095 0.2174 -0.0017
Entry Signal

MarketClub’s Trade Triangles for TCON

long term down The long-term trend has been DOWN since Apr 25th, 2023 at 1.2900

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2023 at 0.2002

short term down 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).

Smart Scan Analysis for TCON
Strong Downtrend Sideways 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 High3.6Year High Date2018-01-03
Year Low1.0341Year Low Date2018-11-28
52wk High2.1952wk High Date2023-03-29
52wk Low0.183152wk Low Date2023-09-20
Average Volume474,194Shares Outstanding30,700
Market Cap15MAssets12,190,000M
Liabilities27,929,000MP/E Ratio-0.40000000
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