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Stock Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Zhongchao Inc. - Class A Ordinary Shares (NASDAQ:ZCMD)
Strong Downtrend (-100) - ZCMD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZCMD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZCMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZCMD.
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 ZCMD
The long-term trend has been DOWN since May 10th, 2023 at 1.00
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 1.10
The short-term trend has been DOWN since Sep 28th, 2023 at 1.11
Smart Scan Analysis for ZCMD
Based on our trend formula, ZCMD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0995 | 1.0995 | 1.0995 | 1.0995 | -0.0005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1000 | 100 | 2023-09-29 09:31:31 |
| 52wk High | 1.4 | 52wk High Date | 2023-02-08 |
| 52wk Low | 0.6 | 52wk Low Date | 2022-10-25 |
| Average Volume | 2,873 | Shares Outstanding | 24,933 |
| Assets | 34,816,095M | Liabilities | 2,981,954M |
| P/E Ratio | 10 |