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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Veradigm Inc. (NASDAQ:MDRX)

Sidelines Mode (+55) - MDRX 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 MDRX?

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

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

NASDAQ_MDRX
Open High Low MDRX Price Change
7.65 8.00 7.45 7.70 -0.10
Entry Signal

MarketClub’s Trade Triangles for MDRX

long term down The long-term trend has been DOWN since Nov 28th, 2023 at 11.815

intermediate term up The intermediate-term trend has been UP since Mar 14th, 2024 at 8.540

short term down The short-term trend has been DOWN since Mar 25th, 2024 at 7.600

Smart Scan Analysis for MDRX

Based on our trend formula, MDRX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MDRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.65 8.00 7.45 7.70 -0.10
Prev. Close Volume Bid Ask Time
7.70 1001454 2024-03-28 15:59:59
Year High16.125Year High Date2018-01-12
Year Low9.41Year Low Date2018-11-20
52wk High14.0952wk High Date2023-10-11
52wk Low5.0152wk Low Date2024-03-01
Year End Close9.42Average Volume6,035,867
Shares Outstanding109,260Short Interest3,202,182
% Institutional80.9Market Cap1,733M
Assets169,065,900MLiabilities513,636,000M
P/E Ratio31.2564Beta1.01
Volatility71.2
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