Stock Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
BLUE BIOFUELS INC (NASDAQ:BIOF)
Weak Downtrend (-65) - BIOF is showing signs of a strengthening downtrend. Monitor BIOF as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for BIOF
The long-term trend has been UP since Feb 16th, 2023 at 0.1699
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.1550
The short-term trend has been DOWN since Mar 29th, 2023 at 0.1800
Smart Scan Analysis for BIOF
Based on our trend formula, BIOF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.2259||52wk High Date||2022-04-22|
|52wk Low||0.1119||52wk Low Date||2022-12-21|
|Average Volume||264,940||Shares Outstanding||282,269|