Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI)
Sidelines Mode (-55) - WGMI 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 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.
|
|||||||||||||||
|
|||||||||||||||
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 DOWN since Apr 12th, 2024 at 14.32
The short-term trend has been UP since Apr 18th, 2024 at 14.28
Smart Scan Analysis for WGMI
Based on our trend formula, WGMI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.33 | 14.82 | 13.98 | 14.62 | +0.63 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.99 | 240545 | 2024-04-19 15:59:35 |
| 52wk High | 22.48 | 52wk High Date | 2023-12-27 |
| 52wk Low | 8.5001 | 52wk Low Date | 2023-10-04 |
| Average Volume | 289,377 |