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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
VanEck Bitcoin Trust (BATS:HODL)
Sidelines Mode (-55) - HODL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HODL?
MarketClub looks at technical strength and momentum to determine if the timing is right for HODL.
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 HODL
The long-term trend has been UP since Feb 9th, 2024 at 52.6800
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 73.0500
The short-term trend has been UP since May 3rd, 2024 at 69.5005
Smart Scan Analysis for HODL
Based on our trend formula, HODL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 71.96 | 72.78 | 71.19 | 71.28 | -0.21 |
| Prev. Close | Volume | Bid | Ask | Time |
| 71.39 | 82839 | 2024-05-07 15:57:41 |
| 52wk High | 83.36 | 52wk High Date | 2024-03-13 |
| 52wk Low | 43.77 | 52wk Low Date | 2024-01-23 |
| Average Volume | 211,973 |