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Stock Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

TELA Bio, Inc. - Common stock (NASDAQ:TELA)

Sidelines Mode (+55) - TELA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid TELA?

MarketClub looks at technical strength and momentum to determine if the timing is right for TELA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_TELA
Open High Low TELA Price Change
5.88 5.95 5.79 5.87 -0.02
Entry Signal

MarketClub’s Trade Triangles for TELA

long term down The long-term trend has been DOWN since Apr 19th, 2023 at 9.2281

intermediate term up The intermediate-term trend has been UP since May 10th, 2024 at 5.1850

short term down The short-term trend has been DOWN since May 22nd, 2024 at 6.0700

Smart Scan Analysis for TELA

Based on our trend formula, TELA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TELA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.88 5.95 5.79 5.87 -0.02
Prev. Close Volume Bid Ask Time
5.85 42584 2024-05-24 15:59:56
52wk High11.2652wk High Date2023-06-12
52wk Low4.234952wk Low Date2023-11-13
Average Volume176,301Shares Outstanding24,655
Assets71,837,000MLiabilities57,453,000M
P/E Ratio0.2449
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