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CHRNChronoScale CorporationSell3.7·$17.89+8.49%
SellModerate Confidence
Investment thesis

CHRN is a weak-quality, momentum-failing name with no clear engine edge; the risk case dominates and the position is flagged for exit rather than accumulation.

Thesis pillars

  • Quality Below FloorStable
  • Momentum Gate FailureStable
  • No Clear Engine EdgeStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

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ChronoScale Corporation (CHRN) Stock Analysis

Range Bound setup

SellVALUE-TRAP 1/5Moderate Confidence

Technology · Information Technology Services

Sell if holding. Engine safety override at $17.89: Quality below floor (0.8 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.7/10. Specifically: Below-average business quality; Rich valuation; Negative price momentum.

ChronoScale Corporation (formerly Ekso Bionics Holdings) was, per this 10-K, a maker of wearable robotic exoskeletons — EksoNR, Ekso Indego Therapy, and Ekso Indego Personal — for rehabilitation and mobility in spinal cord injury and stroke patients. On May 5, 2026, it completed... Read more

$17.89+51.5% A.UpsideScore 3.7/10#44 of 46 Information Technology Services
QualityF-score0 / 9FCF yield
Stop $16.97Target $27.64(resistance)A.R:R 0.0:1

Sell if holding. Engine safety override at $17.89: Quality below floor (0.8 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.7/10. Specifically: Below-average business quality; Rich valuation; Negative price momentum. Chart setup: RSI 50 mid-range, Bollinger mid-band. Score 3.7/10, moderate confidence.

Passes 5/8 gates (clean insider activity, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and 8k serious 2.05. Suitability: aggressive.

10-K grounded · weekly refresh

About ChronoScale Corporation

About ChronoScale Corporation

ChronoScale Corporation, until May 2026 named Ekso Bionics Holdings, designed and sold wearable robotic exoskeletons — EksoNR, Ekso Indego Therapy, and Ekso Indego Personal — cleared by the FDA for spinal cord injury, stroke, and multiple sclerosis patients. On May 5, 2026, the company completed a reverse-merger Business Combination with Applied Digital Corporation's cloud computing subsidiary, with Applied Digital affiliates receiving shares representing approximately 97% of the combined company. On May 29, 2026, the Board committed to divesting the legacy Ekso exoskeleton business to focus solely on cloud computing.

As described in the 10-K, the legacy Ekso business earned revenue primarily from Enterprise Health sales — capital purchases or third-party-financed subscriptions of EksoNR and Ekso Indego Therapy devices to rehabilitation hospitals and integrated delivery networks — with sales cycles of eight to twelve months, plus Personal Health sales of the Ekso Indego Personal device to individuals, reimbursed by Medicare at approximately $91,000 per device following an April 2024 CMS payment determination. Distribution ran through a direct salesforce in the Americas and a mix of direct and distributor channels in EMEA and APAC, with veterans served through Service-Disabled Veteran-Owned Small Business distributors under a Department of Veterans Affairs program. None of this legacy operating structure describes ChronoScale going forward: the Applied Digital Cloud business the company acquired on May 5, 2026 is a cloud computing operation, and the Board's May 29, 2026 decision to divest Ekso Bionics — expected to incur material severance, lease-termination, and transaction charges not yet estimated — means the exoskeleton products, reimbursement dynamics, and distribution channels described above will not be part of ChronoScale's ongoing business once the divestiture completes.

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ChronoScale's post-merger capital structure concentrates control with a single counterparty: Applied Digital Corporation's affiliates received shares expected to represent approximately 97% of the combined company's outstanding equity in exchange for contributing 100% of Applied Digital Cloud's stock, leaving pre-merger Ekso Bionics shareholders with a small minority stake in a company now steered entirely by Applied Digital's cloud strategy. Because the Board voted within weeks of closing to shed the entire pre-merger business, any investor evaluating ChronoScale based on the exoskeleton products, FDA clearances, or Medicare reimbursement dynamics described in this 10-K would be assessing a business the company itself has already decided to exit.

See also: Technology · Information Technology Services

From ChronoScale Corporation's most recent 10-K filing, extracted July 6, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-06

Recent Developments — ChronoScale Corporation

Generated 2026-07-06T20:41:43Z.

Thesis

Rewards
No bull case signals
Risks
Quality below floor (0.8 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)
Mkt Cap$2.4B
EV/EBITDA9.1
Profit Mgn-86.2%
ROE
Rev Growth
Beta0.99
DividendNone
Rating analysts8

Quality Signals

Piotroski F0/9

Material Events(8-K, last 90d)

  • 2026-05-05Item 5.01HIGH
    Ekso Bionics Holdings, Inc. completed its Business Combination with Applied Digital Corporation's cloud computing subsidiary under a February 15, 2026 Contribution and Exchange Agreement, changing its name to ChronoScale Corporation. Applied Digital affiliates received newly issued shares expected to represent approximately 97% of the combined company's outstanding equity.
    SEC filing →
  • 2026-06-04Item 2.05MEDIUM
    On May 29, 2026, ChronoScale's Board committed to divesting its wholly owned subsidiary Ekso Bionics, Inc. (the legacy exoskeleton business) to focus operations solely on the newly acquired cloud business, expecting completion the following fiscal quarter. The Company had not yet estimated total exit costs, including severance, lease-termination, and transaction expenses.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

4 floor-breakers

Unprofitable operations — net margin -86.2%. Quality floor flags this regardless of sector context.static

Operating Margin
0.0
Net Margin
0.0
Piotroski F
0.0
Current Ratio
0.2
Moat
4.0
No competitive moatWeak Piotroski F-Score: 0/9Quality concerns

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
0.0
Value Rank
0.5
Growth Rank
5.0

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Obv
1.0
Volume
3.1
Rsi
5.5
Ma Position
6.0
Volume distribution (falling OBV)Above 200-day MA

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Ps
0.0
Ev Ebitda
6.4
Low model confidence on this dimension (40%).
GatesMomentum 3.1<4.58K SERIOUS 2.05A.R:R UPSIDE_EXHAUSTED (upside=0.0%)Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY NO DATESEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
50 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $15.53Resistance $28.20

Price Targets

$17
$28
A.Upside+54.5%
A.R:R0.0:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (0.8 < 4.0)
! momentum at 3.1 (below the engine's 4.5 threshold)
! 8K_SERIOUS:2.05

Earnings

We could not retrieve earnings history for CHRN.
The company may be recently listed, pre-revenue, or its beat/miss record wasn't available from our source this run. Earnings signals feed the Growth and Catalyst score dimensions — absence here doesn't affect other dimensions.

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CHRN stock a buy right now?

Sell if holding. Engine safety override at $17.89: Quality below floor (0.8 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.7/10. Specifically: Below-average business quality; Rich valuation; Negative price momentum. Chart setup: RSI 50 mid-range, Bollinger mid-band. Prior stop was $16.97. Score 3.7/10, moderate confidence.

What is the CHRN stock price target?

Take-profit target: $27.64 (+51.5% upside). Prior stop was $16.97. Stop-loss: $16.97.

What are the risks of investing in CHRN?

Quality below floor (0.8 < 4.0).

Is CHRN overvalued or undervalued?

ChronoScale Corporation trades at a P/E of N/A (forward N/A). TrendMatrix value score: 3.2/10. Verdict: Sell.

What do analysts say about CHRN?

8 analysts cover CHRN with a consensus score of 4.0/5.

What does ChronoScale Corporation do?ChronoScale Corporation (formerly Ekso Bionics Holdings) was, per this 10-K, a maker of wearable robotic exoskeletons —...

ChronoScale Corporation (formerly Ekso Bionics Holdings) was, per this 10-K, a maker of wearable robotic exoskeletons — EksoNR, Ekso Indego Therapy, and Ekso Indego Personal — for rehabilitation and mobility in spinal cord injury and stroke patients. On May 5, 2026, it completed a reverse merger with Applied Digital Corporation's cloud computing subsidiary, with Applied Digital affiliates receiving shares representing approximately 97% of the combined company; on May 29, 2026, the Board committed to divesting the legacy Ekso business to focus solely on cloud computing.

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