Stock Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
BlueCity Holdings Limited - American Depositary Shares (NASDAQ:BLCT)
Long-Term Downtrend (-90) - BLCT is in a strong downtrend that is likely to continue. While BLCT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BLCT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BLCT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BLCT
The long-term trend has been DOWN since Mar 24th, 2021 at 9.50
The intermediate-term trend has been DOWN since Jul 23rd, 2021 at 6.60
The short-term trend has been DOWN since Oct 14th, 2021 at 2.94
Smart Scan Analysis for BLCT
Based on our trend formula, BLCT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.46||52wk High Date||2021-02-16|
|52wk Low||2.73||52wk Low Date||2021-10-06|
|Average Volume||187,311||Shares Outstanding||5,300|