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Eledon Pharmaceuticals Inc (ELDN) – sideways & breakout history

NASDAQ

Eledon Pharmaceuticals Inc has been moving sideways between $2.27 and $4.15 since 13 Nov 2022.

Since 2020, NasdaqScan has found 2 sideways ranges in ELDN. The completed range lasted 868 days. It broke downward. The current range is 83% wide from low to high. NasdaqScan detected one breakout pattern in Eledon Pharmaceuticals Inc, on 6 Mar 2022 after 1106 days of sideways movement.

Charts are only kept for recent breakouts, so there is no chart for this signal.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
$2.27 – $4.1513 Nov 2022Still sideways——
$7.20 – $93.7819 Jul 20204 Dec 2022 (868 days)Broke below the range at $2.866 Mar 2022 (Go ahead)

Breakout patterns detected

  • 6 Mar 2022: breakout from a sideways range after 1106 days (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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