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Stock Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

Avid Tech, Inc (NASDAQ:AVID)

Bull Market Weakness (+75) - AVID is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AVID as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid AVID?

MarketClub looks at technical strength and momentum to determine if the timing is right for AVID.

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NASDAQ_AVID
Open High Low AVID Price Change
6.460 7.125 6.450 7.080 +0.720
Entry Signal

MarketClub’s Trade Triangles for AVID

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 7.17

intermediate term up The intermediate-term trend has been UP since May 29th, 2020 at 6.94

short term up The short-term trend has been UP since May 19th, 2020 at 5.36

Smart Scan Analysis for AVID

Based on our trend formula, AVID is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for AVID
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.460 7.125 6.450 7.080 +0.720
Prev. Close Volume Bid Ask Time
6.720 2561212 2020-05-29 15:59:46
Year High6.99Year High Date2018-11-16
Year Low4.26Year Low Date2018-03-23
52wk High10.7952wk High Date2019-08-01
52wk Low5.3652wk Low Date2020-03-18
Year End Close7.58Average Volume515,104
Shares Outstanding43,210Short Interest665,442
% Institutional91.4Market Cap285M
Assets304,293,000MLiabilities459,378,000M
P/E Ratio39.5Beta1.43
Volatility58.29
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