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EDOC
ETF ticker: NASDAQ
AS OF
Dec 24 closing price
Price
$10.08
Change
+$0.03 (+0.30%)
Net Assets
40.19M

EDOC stock forecast, quote, news & analysis

Category: @Health
EDOC
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
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A.I.Advisor
a Summary for EDOC with price predictions
Dec 24, 2024

EDOC sees MACD Histogram just turned negative

EDOC saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 13, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 43 instances where the indicator turned negative. In of the 43 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on EDOC as a result. In of 75 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EDOC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 54 cases where EDOC's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

EDOC moved above its 50-day moving average on December 20, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EDOC advanced for three days, in of 260 cases, the price rose further within the following month. The odds of a continued upward trend are .

EDOC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 211 cases where EDOC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are ConocoPhillips (NYSE:COP), Illumina (NASDAQ:ILMN), Teladoc Health (NYSE:TDOC), eHealth (NASDAQ:EHTH).

Industry description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Telemedicine & Digital Health Index. The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from further advances in the field of telemedicine and digital health, as well as applications thereof (collectively, "Telemedicine & Digital Health Companies"), as defined by Solactive AG, the provider of the index. The Adviser uses a "passive" or indexing approach to try to achieve the fund's investment objective. The fund is non-diversified.

Market Cap

The average market capitalization across the Global X Telemedicine & Digital Hlth ETF ETF is 12.71B. The market cap for tickers in the group ranges from 174.5M to 151.38B. COP holds the highest valuation in this group at 151.38B. The lowest valued company is EHTH at 174.5M.

High and low price notable news

The average weekly price growth across all stocks in the Global X Telemedicine & Digital Hlth ETF ETF was -2%. For the same ETF, the average monthly price growth was 3%, and the average quarterly price growth was 14%. SENS experienced the highest price growth at 13%, while AMWL experienced the biggest fall at -10%.

Volume

The average weekly volume growth across all stocks in the Global X Telemedicine & Digital Hlth ETF ETF was -59%. For the same stocks of the ETF, the average monthly volume growth was -58% and the average quarterly volume growth was -48%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 60
P/E Growth Rating: 70
Price Growth Rating: 51
SMR Rating: 81
Profit Risk Rating: 86
Seasonality Score: 11 (-100 ... +100)
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EDOC
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Health

Profile
Fundamentals
Details
Category
Health
Address
Global X Funds600 Lexington Avenue, 20th FloorNew York
Phone
+1 8884938631
Web
www.globalxfunds.com