Stock Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
AvidXchange Holdings, Inc. (NASDAQ:AVDX)
Countertrend Down (-85) - AVDX 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 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 Mar 13th, 2023 at 8.070
The intermediate-term trend has been DOWN since Feb 13th, 2023 at 10.605
The short-term trend has been UP since Mar 21st, 2023 at 7.780
Smart Scan Analysis for AVDX
Based on our trend formula, AVDX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.86||52wk High Date||2023-02-02|
|52wk Low||5.86||52wk Low Date||2022-06-30|
|Average Volume||2,809,952||Shares Outstanding||199,467|