Stock Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
ABVC Biopharma, Inc. (NASDAQ:ABVC)
Bear Market Rally (-75) - ABVC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ABVC as it may be in the beginning of a reversal.
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 Mar 10th, 2023 at 0.60
The intermediate-term trend has been DOWN since Feb 28th, 2023 at 0.66
The short-term trend has been UP since Mar 14th, 2023 at 0.70
Smart Scan Analysis for ABVC
Based on our trend formula, ABVC is rated as a -75 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||3.13||52wk High Date||2022-04-06|
|52wk Low||0.5||52wk Low Date||2022-08-10|
|Average Volume||112,836||Shares Outstanding||32,632|