Stock Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
Lichen China Limited - Class A Ordinary Shares (NASDAQ:LICN)
Bull Market Weakness (+75) - LICN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LICN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LICN?
MarketClub looks at technical strength and momentum to determine if the timing is right for LICN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LICN
The long-term trend has been DOWN since Feb 14th, 2023 at 2.8200
The intermediate-term trend has been UP since Sep 12th, 2023 at 0.8700
The short-term trend has been UP since Nov 22nd, 2023 at 1.5497
Smart Scan Analysis for LICN
Based on our trend formula, LICN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5.82||52wk High Date||2023-02-14|
|52wk Low||0.6303||52wk Low Date||2023-08-28|
|Average Volume||80,365||Shares Outstanding||17,250|