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Stock Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Cipher Mining Inc. (NASDAQ:CIFR)

Countertrend Up (+85) - CIFR 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 CIFR?

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

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

NASDAQ_CIFR
Open High Low CIFR Price Change
4.060 4.140 3.910 3.985 -0.105
Entry Signal

MarketClub’s Trade Triangles for CIFR

long term up The long-term trend has been UP since Mar 27th, 2024 at 5.60

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 4.94

short term down The short-term trend has been DOWN since May 24th, 2024 at 3.87

Smart Scan Analysis for CIFR

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

+85
Smart Scan Analysis for CIFR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.060 4.140 3.910 3.985 -0.105
Prev. Close Volume Bid Ask Time
4.000 6283754 2024-05-28 15:59:52
52wk High5.7552wk High Date2024-03-28
52wk Low2.1552wk Low Date2023-06-06
Average Volume5,877,456Shares Outstanding310,029
Assets677,141,000MLiabilities76,217,000M
P/E Ratio68.1667
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