Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
BIT Mining Limited ADS (NYSE:BTCM)
Weak Downtrend (-65) - BTCM is showing signs of a strengthening downtrend. Monitor BTCM as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BTCM?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTCM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BTCM
The long-term trend has been DOWN since Mar 5th, 2024 at 2.99
The intermediate-term trend has been UP since Apr 23rd, 2024 at 2.90
The short-term trend has been DOWN since May 8th, 2024 at 2.55
Smart Scan Analysis for BTCM
Based on our trend formula, BTCM is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.6100 | 2.6200 | 2.5377 | 2.5800 | -0.0600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.6400 | 31441 | 2024-05-08 15:49:53 |
| 52wk High | 6.95 | 52wk High Date | 2023-12-22 |
| 52wk Low | 1.79 | 52wk Low Date | 2024-04-15 |
| Average Volume | 149,631 | Shares Outstanding | 579 |
| Assets | 75,612,000M | Liabilities | 32,424,000M |
| P/E Ratio | 0.5039 |
Get a free daily analysis and signals for BIT Mining Limited ADS (BTCM) - Request Your Free Report.