Stock Trend Analysis Report
Prepared for you on Monday, May 29, 2023.
Eightco Holdings Inc. (NASDAQ:OCTO)
Sidelines Mode (+55) - OCTO 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 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.
MarketClub’s Trade Triangles for OCTO
The long-term trend has been UP since Apr 14th, 2023 at 3.00
The intermediate-term trend has been DOWN since May 17th, 2023 at 1.85
The short-term trend has been UP since May 25th, 2023 at 2.02
Smart Scan Analysis for OCTO
Based on our trend formula, OCTO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||156.5||52wk High Date||2022-06-30|
|52wk Low||1.6079||52wk Low Date||2023-04-06|
|Average Volume||505,115||Shares Outstanding||2,372|