Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Zhongchao Inc. - Class A Ordinary Shares (NASDAQ:ZCMD)
Crossroads (+60) - ZCMD is struggling to move into a solid trend. Beware of choppy markets 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 Aug 20th, 2021 at 1.6200
The intermediate-term trend has been UP since Oct 15th, 2021 at 1.6803
The short-term trend has been UP since Oct 11th, 2021 at 1.6000
Smart Scan Analysis for ZCMD
Based on our trend formula, ZCMD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.09||52wk High Date||2021-03-17|
|52wk Low||1.46||52wk Low Date||2021-09-20|
|Average Volume||50,006||Shares Outstanding||24,933|