Stock Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Zhongchao Inc. (NASDAQ:ZCMD)
Sidelines Mode (-55) - ZCMD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for ZCMD
The long-term trend has been DOWN since Feb 28th, 2020 at 3.80
The intermediate-term trend has been DOWN since Apr 30th, 2020 at 2.10
The short-term trend has been UP since May 29th, 2020 at 2.04
Smart Scan Analysis for ZCMD
Based on our trend formula, ZCMD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.98||52wk High Date||2020-02-24|
|52wk Low||1.87||52wk Low Date||2020-03-09|