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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
GRAYSCALE BITCOIN CASH TR (NASDAQ:BCHG)
Crossroads (-60) - BCHG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BCHG?
MarketClub looks at technical strength and momentum to determine if the timing is right for BCHG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BCHG
The long-term trend has been UP since Feb 21st, 2023 at 0.88
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 11.30
The short-term trend has been DOWN since May 8th, 2024 at 11.12
Smart Scan Analysis for BCHG
Based on our trend formula, BCHG is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.70 | 11.72 | 10.91 | 11.65 | -0.33 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.57 | 197615 | 2024-05-08 15:58:27 |
| 52wk High | 23.77 | 52wk High Date | 2024-04-02 |
| 52wk Low | 0.7199 | 52wk Low Date | 2023-06-14 |
| Average Volume | 612,640 | Shares Outstanding | 38,915 |
| Assets | 38,048,000M |