Stock Trend Analysis Report
Prepared for you on Friday, May 14, 2021.
TELA Bio, Inc. (NASDAQ:TELA)
Long-Term Downtrend (-90) - TELA is in a strong downtrend that is likely to continue. While TELA 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 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.
MarketClub’s Trade Triangles for TELA
The long-term trend has been DOWN since Mar 25th, 2021 at 13.20
The intermediate-term trend has been DOWN since Mar 22nd, 2021 at 15.25
The short-term trend has been DOWN since May 5th, 2021 at 13.43
Smart Scan Analysis for TELA
Based on our trend formula, TELA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||23.545||52wk High Date||2020-06-19|
|52wk Low||10.77||52wk Low Date||2020-05-14|
|Average Volume||32,075||Shares Outstanding||14,440|