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Stock Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

Adagene Inc. - ADS, each representing 1.25 ordinary shares (NASDAQ:ADAG)

Long-Term Downtrend (-90) - ADAG is in a strong downtrend that is likely to continue. While ADAG 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 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.

NASDAQ_ADAG
Open High Low ADAG Price Change
2.060 2.135 1.840 2.000 -0.060
Entry Signal

MarketClub’s Trade Triangles for ADAG

long term down The long-term trend has been DOWN since Sep 17th, 2024 at 2.115

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2024 at 2.430

short term down The short-term trend has been DOWN since Dec 5th, 2024 at 2.150

Smart Scan Analysis for ADAG

Based on our trend formula, ADAG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ADAG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.060 2.135 1.840 2.000 -0.060
Prev. Close Volume Bid Ask Time
2.060 222040 2024-12-09 15:59:50
52wk High4.3852wk High Date2024-01-26
52wk Low1.3552wk Low Date2023-12-15
Average Volume74,102Assets115,728,838M
Liabilities45,169,341M
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