Stock Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
AvidXchange Holdings, Inc. (NASDAQ:AVDX)
Long-Term Downtrend (-90) - AVDX is in a strong downtrend that is likely to continue. While AVDX 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 AVDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for AVDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AVDX
The long-term trend has been DOWN since Dec 2nd, 2021 at 20.39
The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 21.84
The short-term trend has been DOWN since Nov 23rd, 2021 at 23.25
Smart Scan Analysis for AVDX
Based on our trend formula, AVDX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||27.435||52wk High Date||2021-11-19|
|52wk Low||20.39||52wk Low Date||2021-10-25|