Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Adagene Inc. - ADS, each representing 1.25 ordinary shares (NASDAQ:ADAG)
Countertrend Down (-85) - ADAG is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ADAG?
MarketClub looks at technical strength and momentum to determine if the timing is right for ADAG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ADAG
The long-term trend has been DOWN since Oct 11th, 2021 at 12.6762
The intermediate-term trend has been DOWN since Aug 31st, 2021 at 16.0100
The short-term trend has been UP since Oct 19th, 2021 at 12.2300
Smart Scan Analysis for ADAG
Based on our trend formula, ADAG is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||31.83||52wk High Date||2021-02-11|
|52wk Low||10.88||52wk Low Date||2021-10-13|