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Stock Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC)

Long-Term Downtrend (-90) - EDOC is in a strong downtrend that is likely to continue. While EDOC 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 EDOC?

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

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_EDOC
Open High Low EDOC Price Change
8.5909 8.6351 8.5522 8.5843 -0.0068
Entry Signal

MarketClub’s Trade Triangles for EDOC

long term down The long-term trend has been DOWN since Mar 9th, 2023 at 11.4200

intermediate term down The intermediate-term trend has been DOWN since Feb 21st, 2024 at 9.3363

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 9.0685

Smart Scan Analysis for EDOC

Based on our trend formula, EDOC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EDOC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.5909 8.6351 8.5522 8.5843 -0.0068
Prev. Close Volume Bid Ask Time
8.5600 0 2024-04-17 14:32:58
52wk High12.152wk High Date2023-07-19
52wk Low8.0252wk Low Date2023-10-31
Average Volume13,332Shares Outstanding5,480
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