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Stock Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Veradigm Inc. - common stock (NASDAQ:MDRX)
Bull Market Weakness (+75) - MDRX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MDRX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MDRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDRX.
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 MDRX
The long-term trend has been UP since Jul 18th, 2023 at 13.260
The intermediate-term trend has been DOWN since Aug 17th, 2023 at 13.095
The short-term trend has been UP since Sep 27th, 2023 at 12.740
Smart Scan Analysis for MDRX
Based on our trend formula, MDRX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.130 | 13.355 | 12.835 | 13.210 | +0.070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.240 | 643509 | 2023-10-02 15:59:41 |
| Year High | 16.125 | Year High Date | 2018-01-12 |
| Year Low | 9.41 | Year Low Date | 2018-11-20 |
| 52wk High | 19.77 | 52wk High Date | 2023-01-13 |
| 52wk Low | 11.3 | 52wk Low Date | 2023-06-23 |
| Year End Close | 9.42 | Average Volume | 1,058,444 |
| Shares Outstanding | 109,260 | Short Interest | 3,202,182 |
| % Institutional | 80.9 | Market Cap | 1,733M |
| Assets | 169,065,900M | Liabilities | 513,636,000M |
| P/E Ratio | 31.2564 | Beta | 1.01 |
| Volatility | 71.2 |