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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Eightco Holdings Inc. (NASDAQ:OCTO)
Strong Downtrend (-100) - OCTO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, OCTO continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid OCTO?
MarketClub looks at technical strength and momentum to determine if the timing is right for OCTO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OCTO
The long-term trend has been DOWN since May 1st, 2024 at 0.5202
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.7400
The short-term trend has been DOWN since Apr 9th, 2024 at 0.7804
Smart Scan Analysis for OCTO
Based on our trend formula, OCTO is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.5670 | 0.5800 | 0.5490 | 0.5554 | -0.0056 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.5510 | 39124 | 2024-05-07 15:59:29 |
| 52wk High | 2.44 | 52wk High Date | 2023-05-17 |
| 52wk Low | 0.4298 | 52wk Low Date | 2023-10-10 |
| Average Volume | 91,600 | Shares Outstanding | 8,537 |
| Assets | 55,411,443M | Liabilities | 59,344,844M |