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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Abits Group Inc - Ordinary Shares (NASDAQ:ABTS)
Sidelines Mode (-55) - ABTS 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 ABTS?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABTS.
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 ABTS
The long-term trend has been DOWN since Mar 4th, 2024 at 0.9000
The intermediate-term trend has been DOWN since Jan 17th, 2024 at 0.9751
The short-term trend has been UP since Apr 24th, 2024 at 0.7790
Smart Scan Analysis for ABTS
Based on our trend formula, ABTS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8000 | 0.8035 | 0.7808 | 0.8035 | +0.0073 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8100 | 15374 | 2024-05-07 14:52:18 |
| 52wk High | 1.8 | 52wk High Date | 2023-08-08 |
| 52wk Low | 0.565463 | 52wk Low Date | 2024-03-18 |
| Average Volume | 104,651 | Shares Outstanding | 19,342 |