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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Lichen China Limited - Class A Ordinary Shares (NASDAQ:LICN)
Bear Market Rally (-75) - LICN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on LICN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid LICN?
MarketClub looks at technical strength and momentum to determine if the timing is right for LICN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LICN
The long-term trend has been DOWN since Feb 5th, 2024 at 1.29
The intermediate-term trend has been UP since Apr 26th, 2024 at 1.17
The short-term trend has been DOWN since May 2nd, 2024 at 1.15
Smart Scan Analysis for LICN
Based on our trend formula, LICN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9468 | 1.0300 | 0.9110 | 0.9111 | -0.1989 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9000 | 1017584 | 2024-05-08 15:59:43 |
| 52wk High | 2.84 | 52wk High Date | 2023-05-10 |
| 52wk Low | 0.5 | 52wk Low Date | 2024-04-23 |
| Average Volume | 2,134,161 | Shares Outstanding | 17,250 |