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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Eightco Holdings Inc. (NASDAQ:OCTO)
Bear Market Rally (-75) - OCTO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OCTO as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid OCTO?
MarketClub looks at technical strength and momentum to determine if the timing is right for OCTO.
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 OCTO
The long-term trend has been DOWN since May 1st, 2024 at 0.5202
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.7400
The short-term trend has been UP since May 9th, 2024 at 0.5800
Smart Scan Analysis for OCTO
Based on our trend formula, OCTO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.586000 | 0.586000 | 0.544952 | 0.579900 | +0.005600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.574300 | 8336 | 2024-05-09 10:56:44 |
| 52wk High | 2.44 | 52wk High Date | 2023-05-17 |
| 52wk Low | 0.4298 | 52wk Low Date | 2023-10-10 |
| Average Volume | 89,288 | Shares Outstanding | 8,537 |
| Assets | 55,411,443M | Liabilities | 59,344,844M |