Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 27, 2024.
Adagene Inc. - ADS, each representing 1.25 ordinary shares (NASDAQ:ADAG)
Countertrend Down (-85) - ADAG is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ADAG?
MarketClub looks at technical strength and momentum to determine if the timing is right for ADAG.
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 ADAG
The long-term trend has been DOWN since Sep 17th, 2024 at 2.115
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 2.430
The short-term trend has been UP since Nov 25th, 2024 at 2.370
Smart Scan Analysis for ADAG
Based on our trend formula, ADAG is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.3400 | 2.3400 | 2.1803 | 2.2200 | -0.0500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.2200 | 8306 | 2024-11-26 14:10:00 |
| 52wk High | 4.38 | 52wk High Date | 2024-01-26 |
| 52wk Low | 1.35 | 52wk Low Date | 2023-12-15 |
| Average Volume | 58,280 | Assets | 115,728,838M |
| Liabilities | 45,169,341M |