Stock Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
Edoc Acquisition Corp. - Right (NASDAQ:ADOCR)
Bear Market Rally (-75) - ADOCR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ADOCR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ADOCR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ADOCR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ADOCR
The long-term trend has been DOWN since Nov 1st, 2022 at 0.0599
The intermediate-term trend has been UP since Feb 9th, 2023 at 0.1520
The short-term trend has been DOWN since Mar 16th, 2023 at 0.0900
Smart Scan Analysis for ADOCR
Based on our trend formula, ADOCR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.3999||52wk High Date||2022-04-06|
|52wk Low||0.03||52wk Low Date||2022-12-02|