Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

AvidXchange Holdings, Inc. (NASDAQ:AVDX)

Weak Downtrend (-65) - AVDX is showing signs of a strengthening downtrend. Monitor AVDX as it may be building momentum to the downside.

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

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

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

NASDAQ_AVDX
Open High Low AVDX Price Change
11.500 11.520 11.330 11.425 -0.175
Entry Signal

MarketClub’s Trade Triangles for AVDX

long term up The long-term trend has been UP since Dec 1st, 2023 at 10.835

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2024 at 11.050

short term down The short-term trend has been DOWN since May 8th, 2024 at 11.860

Smart Scan Analysis for AVDX

Based on our trend formula, AVDX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AVDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.500 11.520 11.330 11.425 -0.175
Prev. Close Volume Bid Ask Time
11.600 648203 2024-05-09 12:30:40
52wk High13.5652wk High Date2024-02-29
52wk Low6.8852wk Low Date2023-11-03
Average Volume1,748,677Shares Outstanding204,324
Assets248,373,700MLiabilities182,729,200M
Get a free daily analysis and signals for AvidXchange Holdings, Inc. (AVDX) - Request Your Free Report.