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Stock Trend Analysis Report
Prepared for you on Monday, December 9, 2024.
CoinShares Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI)
Long-Term Uptrend (+90) - WGMI is in a strong uptrend that is likely to continue. While WGMI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid WGMI?
MarketClub looks at technical strength and momentum to determine if the timing is right for WGMI.
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 WGMI
The long-term trend has been UP since Dec 1st, 2023 at 11.86
The intermediate-term trend has been UP since Sep 24th, 2024 at 18.50
The short-term trend has been UP since Nov 29th, 2024 at 28.47
Smart Scan Analysis for WGMI
Based on our trend formula, WGMI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.68 | 30.98 | 28.36 | 28.58 | -2.36 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.94 | 873959 | 2024-12-09 15:59:59 |
| 52wk High | 31.89 | 52wk High Date | 2024-12-06 |
| 52wk Low | 11.1959 | 52wk Low Date | 2024-01-19 |
| Average Volume | 861,568 |