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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

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

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

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
4.67 5.01 4.58 4.99 +0.29
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 down The intermediate-term trend has been DOWN since Mar 5th, 2024 at 6.6500

short term up The short-term trend has been UP since Apr 15th, 2024 at 5.0100

Smart Scan Analysis for TELA

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

-75
Smart Scan Analysis for TELA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.67 5.01 4.58 4.99 +0.29
Prev. Close Volume Bid Ask Time
4.70 1127245 2024-04-16 15:59:34
52wk High11.2652wk High Date2023-06-12
52wk Low4.234952wk Low Date2023-11-13
Average Volume157,451Shares Outstanding24,650
Assets78,048,000MLiabilities59,167,000M
P/E Ratio0.2449
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