Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Bit Digital, Inc. - Ordinary Share (NASDAQ:BTBT)
Sidelines Mode (+55) - BTBT 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 BTBT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTBT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTBT
The long-term trend has been UP since Aug 4th, 2021 at 13.5200
The intermediate-term trend has been UP since Oct 6th, 2021 at 10.7599
The short-term trend has been DOWN since Oct 22nd, 2021 at 10.6500
Smart Scan Analysis for BTBT
Based on our trend formula, BTBT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||33||52wk High Date||2021-01-04|
|52wk Low||3.4||52wk Low Date||2020-11-09|
|Average Volume||18,262,704||Shares Outstanding||48,044|