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Stock Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

BLUE BIOFUELS INC (NASDAQ:BIOF)

Strong Downtrend (-100) - BIOF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BIOF continues to fall. Traders should use caution and set stops.

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
0.0680 0.0750 0.0600 0.0606 -0.0119
Entry Signal

MarketClub’s Trade Triangles for BIOF

long term down The long-term trend has been DOWN since Sep 15th, 2023 at 0.1400

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 0.0900

short term down The short-term trend has been DOWN since May 16th, 2024 at 0.0812

Smart Scan Analysis for BIOF

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

-100
Smart Scan Analysis for BIOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0680 0.0750 0.0600 0.0606 -0.0119
Prev. Close Volume Bid Ask Time
0.0606 439771 2024-05-24 15:53:28
52wk High0.175752wk High Date2023-09-19
52wk Low0.043552wk Low Date2024-05-23
Average Volume264,211Shares Outstanding302,866
Assets977,219MLiabilities5,196,231M
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