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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
BLUE BIOFUELS INC (NASDAQ:BIOF)
Long-Term Downtrend (-90) - BIOF is in a strong downtrend that is likely to continue. While BIOF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BIOF?
MarketClub looks at technical strength and momentum to determine if the timing is right for BIOF.
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 BIOF
The long-term trend has been DOWN since Sep 15th, 2023 at 0.1400
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 0.0900
The short-term trend has been DOWN since Apr 26th, 2024 at 0.0841
Smart Scan Analysis for BIOF
Based on our trend formula, BIOF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0826 | 0.0846 | 0.0810 | 0.0840 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0840 | 77210 | 2024-05-08 15:57:52 |
| 52wk High | 0.1757 | 52wk High Date | 2023-09-19 |
| 52wk Low | 0.0546 | 52wk Low Date | 2023-11-08 |
| Average Volume | 108,352 | Shares Outstanding | 302,803 |
| Assets | 1,030,219M | Liabilities | 4,591,301M |