Stock Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
ABVC Biopharma, Inc. (NASDAQ:ABVC)
Sidelines Mode (-55) - ABVC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Oct 23rd, 2023 at 1.0800
The short-term trend has been DOWN since Nov 27th, 2023 at 1.7200
Smart Scan Analysis for ABVC
Based on our trend formula, ABVC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||2||Year High Date||2018-08-13|
|Year Low||1.6||Year Low Date||2018-11-20|
|52wk High||18.7||52wk High Date||2023-01-05|
|52wk Low||0.6739||52wk Low Date||2023-10-06|
|Average Volume||3,630,001||Shares Outstanding||7,232|