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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Stronghold Digital Mining, Inc. (NASDAQ:SDIG)

Sidelines Mode (+50) - SDIG is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SDIG can gain momentum.

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

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

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

NASDAQ_SDIG
Open High Low SDIG Price Change
2.85 2.98 2.81 2.97 +0.01
Entry Signal

MarketClub’s Trade Triangles for SDIG

long term down The long-term trend has been DOWN since Mar 6th, 2024 at 4.2001

intermediate term up The intermediate-term trend has been UP since Apr 23rd, 2024 at 4.1386

short term up The short-term trend has been UP since May 2nd, 2024 at 3.5200

Smart Scan Analysis for SDIG

Based on our trend formula, SDIG is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for SDIG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.85 2.98 2.81 2.97 +0.01
Prev. Close Volume Bid Ask Time
2.96 176534 2024-05-08 15:58:25
52wk High11.5652wk High Date2023-12-27
52wk Low1.6552wk Low Date2024-04-16
Average Volume522,202Shares Outstanding12,645
Assets174,337,184MLiabilities110,523,564M
P/E Ratio-0.17190000
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