Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
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 Aug 2nd, 2021 at 4.30
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 2.56
The short-term trend has been UP since Oct 12th, 2021 at 2.23
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||29.95||52wk High Date||2021-05-10|
|52wk Low||1.95||52wk Low Date||2021-08-20|
|Average Volume||495,453||Shares Outstanding||24,471|