ADOCR Stock Summary and Trading Ideas (Edoc Acquisition Corp. - Right | :ADOCR)

Edoc Acquisition Corp. - Right trades on the stock market under the symbol ADOCR.

As of November 29, 2023, ADOCR stock price declined to $0.09 with 8,800 million shares trading.

ADOCR has a beta of 1.35, meaning it tends to be more sensitive to market movements. ADOCR has a correlation of 0.01 to the broad based SPY ETF.

ADOCR has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

ADOCR has outperformed the market in the last year with a price return of +90.0% while the SPY ETF gained +16.7%. However, in the short term, ADOCR had mixed performance relative to the market. It has underperformed in the last 3 months, returning -50.0% vs +1.6% return in SPY. But in the last 2 weeks, ADOCR shares have fared better than the market returning +5.4% compared to SPY +1.1%.

ADOCR support price is $.09 and resistance is $.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ADOCR stock will trade within this expected range on the day.