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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Cipher Mining Inc. (NASDAQ:CIFR)

Weak Uptrend (+65) - CIFR is showing signs of weakening momentum to the upside. Monitor CIFR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CIFR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CIFR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_CIFR
Open High Low CIFR Price Change
3.7300 3.8400 3.5317 3.7799 -0.0101
Entry Signal

MarketClub’s Trade Triangles for CIFR

long term up The long-term trend has been UP since Mar 27th, 2024 at 5.60

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 4.94

short term down The short-term trend has been DOWN since May 8th, 2024 at 3.74

Smart Scan Analysis for CIFR

Based on our trend formula, CIFR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CIFR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7300 3.8400 3.5317 3.7799 -0.0101
Prev. Close Volume Bid Ask Time
3.7750 3940797 2024-05-08 15:59:44
52wk High5.7552wk High Date2024-03-28
52wk Low1.7652wk Low Date2023-05-09
Average Volume6,298,955Shares Outstanding296,493
Assets566,137,000MLiabilities74,801,000M
P/E Ratio-1.51450000
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