Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC)
Bear Market Rally (-75) - EDOC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EDOC as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for EDOC
The long-term trend has been DOWN since Mar 5th, 2021 at 17.936
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 18.355
The short-term trend has been UP since Oct 7th, 2021 at 17.647
Smart Scan Analysis for EDOC
Based on our trend formula, EDOC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||23.04||52wk High Date||2021-02-16|
|52wk Low||16.1801||52wk Low Date||2020-11-02|
|Average Volume||114,548||Shares Outstanding||32,380|