EDOC ACQUISITION CORP-CL A (ADOC) Technical Analysis
NASDAQ:ADOC • KYG4000A1022
Current stock price
ADOC Technical Rating and Analysis
Taking everything into account, ADOC scores 0 out of 10 in our technical rating. ADOC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than ADOC.
- ADOC is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ADOC is lagging the market.
- In the last month ADOC has a been trading in the 2.50 - 11.95 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: ADOC has an average volume of 24002 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ADOC Weekly and Daily overview Charts
ADOC Setup Rating and Analysis
The technical rating of ADOC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ADOC Support and Resistance Analysis
ADOC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ADOC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ADOC is down. |
| ChartMill Relative Strength | 1.17 | NEGATIVE | ADOC has a low relative strength, it was outperformed by 98.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADOC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ADOC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADOC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.93 | OVERSOLD | The low RSI value suggests ADOC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests ADOC has a negative trend. |
| Stochastics (14,3) | 28.95 | NEUTRAL | The Stochastics value for ADOC is a neutral value. |
| Average True Range in percent/ATR (20) | 47 | HIGH VOLATILITY | The high ATR as a percentage value for ADOC suggests high volalility. |
| Average Directional Index/ADX (14) | 30.78 | POSITIVE | The high ADX value value for ADOC suggests a strong trend. |
ADOC Chart- and CandleStick Pattern Analysis
ADOC Technicals: Chart, Performance Metrics, Trend & Indicators
2.85
-5.17 (-64.46%)
EDOC ACQUISITION CORP-CL A / ADOC TA FAQ
What is the technical rating for ADOC stock?
ChartMill assigns a technical rating of 0 / 10 to ADOC.
What is the current trend direction of EDOC ACQUISITION CORP-CL A (ADOC) stock?
The current trend direction for EDOC ACQUISITION CORP-CL A (ADOC) is Bearish.
Can you provide the RSI signal for EDOC ACQUISITION CORP-CL A?
EDOC ACQUISITION CORP-CL A (ADOC) has an RSI value of 22.9346. This indicates that the stock is currently oversold.
What is the short term momentum for EDOC ACQUISITION CORP-CL A (ADOC) stock?
The short term momentum for EDOC ACQUISITION CORP-CL A (ADOC) is negative.
What is the buy/sell signal for EDOC ACQUISITION CORP-CL A (ADOC) stock?
The buy/sell signal for EDOC ACQUISITION CORP-CL A (ADOC) is sell as both the short term and long term trends are negative.