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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI)
Crossroads (+60) - WGMI 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 WGMI?
MarketClub looks at technical strength and momentum to determine if the timing is right for WGMI.
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 WGMI
The long-term trend has been UP since Dec 1st, 2023 at 11.8600
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 14.3200
The short-term trend has been DOWN since May 8th, 2024 at 14.6288
Smart Scan Analysis for WGMI
Based on our trend formula, WGMI is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.510 | 14.990 | 14.230 | 14.905 | -0.045 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.950 | 69856 | 2024-05-08 15:59:29 |
| 52wk High | 22.48 | 52wk High Date | 2023-12-27 |
| 52wk Low | 8.5001 | 52wk Low Date | 2023-10-04 |
| Average Volume | 273,741 |