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Stock Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

ABVC Biopharma, Inc. (NASDAQ:ABVC)

Sidelines Mode (+50) - ABVC is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ABVC can gain momentum.

Is it time to buy, sell, or avoid ABVC?

MarketClub looks at technical strength and momentum to determine if the timing is right for ABVC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ABVC
Open High Low ABVC Price Change
1.0800 1.1000 1.0651 1.0850 +0.0050
Entry Signal

MarketClub’s Trade Triangles for ABVC

long term down The long-term trend has been DOWN since Jun 20th, 2023 at 0.5505

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 1.4100

short term up The short-term trend has been UP since May 9th, 2024 at 1.1300

Smart Scan Analysis for ABVC

Based on our trend formula, ABVC is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for ABVC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0800 1.1000 1.0651 1.0850 +0.0050
Prev. Close Volume Bid Ask Time
1.0800 94888 2024-05-21 15:56:11
Year High2Year High Date2018-08-13
Year Low1.6Year Low Date2018-11-20
52wk High7.03652wk High Date2023-05-30
52wk Low0.673952wk Low Date2023-10-06
Average Volume1,129,887Shares Outstanding10,852
Assets14,492,599MLiabilities6,104,549M
P/E Ratio-1.00000000Volatility60.13
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