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GL X TELEMEDICINE DIG HEALTH (EDOC) Stock Technical Analysis

USA - NASDAQ:EDOC - US37954Y2853 - ETF

9.45 USD
+0.07 (+0.75%)
Last: 3/31/2025, 8:17:25 PM
Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to EDOC. EDOC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
EDOC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EDOC has a been trading in the 9.22 - 10.63 range, which is quite wide. It is currently trading near the lows of this range.
Warning: EDOC has an average volume of 28346 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When compared to the yearly performance of all other stocks, EDOC outperforms 62% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GL X TELEMEDICINE DIG HEALTH / EDOC Weekly stock chart
GL X TELEMEDICINE DIG HEALTH / EDOC Daily stock chart
Setup Rating and Analysis

3

The technical rating of EDOC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

9.16

10.20

When analyzing the support we notice one important area.

  • A support zone ranging from 9.25 to 9.37. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 9.70 to 9.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 10.09 to 10.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for EDOC is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for EDOC is down.
ChartMill Relative Strength62.52NEUTRALEDOC is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of EDOC is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of EDOC is below a declining SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of EDOC is below the rising SMA(200).
Relative Strength Index/RSI (14)36.48NEUTRALThe RSI value for EDOC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests EDOC has a negative trend.
Stochastics (14,3)15.59OVERSOLDThe low Stochastics value suggests EDOC may be oversold.
Average True Range in percent/ATR (20)2.56MEDIUM VOLATILITYThe ATR as a percentage value for EDOC suggests some volalility.
Average Directional Index/ADX (14)29.12POSITIVEThe high ADX value value for EDOC suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
GL X TELEMEDICINE DIG HEALTH / EDOC Daily stock chart

GL X TELEMEDICINE DIG HEALTH

NASDAQ:EDOC (3/31/2025, 8:17:25 PM)

9.45

+0.07 (+0.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.75%
1 Week-6.25%
2 Weeks-5.5%
1 Month-9.4%
3 Month-6.9%
6 Month-4.06%
12 Month4.19%
2 Year-19.37%
3 Year-34.74%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%2.56%
ATR Inc15.07%
Range Today0.23
ADR(20)0.2
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.52
3 months CRSN/A
6 months CRSN/A
Mansfield-0.07
10 Day High10.08
10 Day Low9.22
20 Day High10.63
20 Day Low9.22
52 Week High11.91
52 Week Low8.41
CS1 End9.37
CR1 Start9.7
Volume & EV
DER(3)-3.9%
DER(5)-4.14%
Volume9.00K
Volume Incr-89.17%
Vol(5)5.32K
Vol(50)28.35K

GL X TELEMEDICINE DIG HEALTH / EDOC FAQ

What is the technical rating for EDOC stock?

ChartMill assigns a technical rating of 1 / 10 to EDOC.


What is the current trend direction of GL X TELEMEDICINE DIG HEALTH (EDOC) stock?

The current trend direction for GL X TELEMEDICINE DIG HEALTH (EDOC) is Bearish.


Can you provide the RSI signal for GL X TELEMEDICINE DIG HEALTH?

GL X TELEMEDICINE DIG HEALTH (EDOC) has an RSI value of 36.4777. This indicates that the stock is currently neutral.


Can you provide the buy/sell signal for GL X TELEMEDICINE DIG HEALTH?

The buy/sell signal for GL X TELEMEDICINE DIG HEALTH (EDOC) is sell as both the short term and long term trends are negative.


Can you provide the support and resistance levels for GL X TELEMEDICINE DIG HEALTH?

GL X TELEMEDICINE DIG HEALTH (EDOC) has a support level at 9.37 and a resistance level at 9.7. Check the full technical report for our detailed analysis of EDOC support and resistance levels.