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Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
AvidXchange Holdings, Inc. (NASDAQ:AVDX)
Sidelines Mode (+55) - AVDX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for AVDX
The long-term trend has been UP since Dec 1st, 2023 at 10.835
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 11.950
The short-term trend has been UP since Apr 18th, 2024 at 11.545
Smart Scan Analysis for AVDX
Based on our trend formula, AVDX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.620 | 11.805 | 11.600 | 11.765 | +0.315 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.770 | 1155633 | 2024-04-22 15:59:40 |
| 52wk High | 13.56 | 52wk High Date | 2024-02-29 |
| 52wk Low | 6.88 | 52wk Low Date | 2023-11-03 |
| Average Volume | 1,274,965 | Shares Outstanding | 204,324 |
| Assets | 248,373,700M | Liabilities | 182,729,200M |