Stock Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
TRACON Pharmaceuticals, Inc (NASDAQ:TCON)
Crossroads (+60) - TCON is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 12th, 2019 at 5.501
The intermediate-term trend has been UP since Apr 14th, 2020 at 1.900
The short-term trend has been UP since May 26th, 2020 at 2.020
Smart Scan Analysis for TCON
Based on our trend formula, TCON is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3.6||Year High Date||2018-01-03|
|Year Low||1.0341||Year Low Date||2018-11-28|
|52wk High||17.3||52wk High Date||2019-04-02|
|52wk Low||0.95||52wk Low Date||2020-03-16|
|Average Volume||254,745||Shares Outstanding||5,398|