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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

BLUE BIOFUELS INC (NASDAQ:BIOF)

Countertrend Up (+85) - BIOF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

NASDAQ_BIOF
Open High Low BIOF Price Change
0.11000 0.11880 0.10580 0.11880 +0.00465
Entry Signal

MarketClub’s Trade Triangles for BIOF

long term up The long-term trend has been UP since Sep 4th, 2024 at 0.099

intermediate term up The intermediate-term trend has been UP since Aug 12th, 2024 at 0.087

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 0.120

Smart Scan Analysis for BIOF

Based on our trend formula, BIOF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for BIOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11000 0.11880 0.10580 0.11880 +0.00465
Prev. Close Volume Bid Ask Time
0.11880 53928 2024-11-19 14:57:37
52wk High0.14852wk High Date2024-01-23
52wk Low0.043552wk Low Date2024-05-23
Average Volume130,802Shares Outstanding305,678
Assets1,305,453MLiabilities6,058,006M
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