Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
ABVC Biopharma, Inc. (NASDAQ:ABVC)
Long-Term Downtrend (-90) - ABVC is in a strong downtrend that is likely to continue. While ABVC 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 ABVC?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABVC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ABVC
The long-term trend has been DOWN since Jun 20th, 2023 at 0.5505
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 0.5200
The short-term trend has been DOWN since Nov 15th, 2024 at 0.5100
Smart Scan Analysis for ABVC
Based on our trend formula, ABVC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.5200 | 0.5600 | 0.5000 | 0.5600 | +0.0496 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.5252 | 54786 | 2024-11-19 15:25:35 |
| Year High | 2 | Year High Date | 2018-08-13 |
| Year Low | 1.6 | Year Low Date | 2018-11-20 |
| 52wk High | 2.45 | 52wk High Date | 2024-01-03 |
| 52wk Low | 0.4053 | 52wk Low Date | 2024-10-10 |
| Average Volume | 233,933 | Shares Outstanding | 12,975 |
| Assets | 14,633,699M | Liabilities | 6,340,244M |
| P/E Ratio | -1.00000000 | Volatility | 60.13 |