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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI)

Crossroads (-60) - WGMI is struggling to move into a solid trend. Beware of choppy markets 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.

Open High Low WGMI Price Change
13.2500 13.3499 12.7601 13.1400 -0.2100
Entry Signal

MarketClub’s Trade Triangles for WGMI

long term up The long-term trend has been UP since Dec 1st, 2023 at 11.86

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 14.32

short term down The short-term trend has been DOWN since Apr 1st, 2024 at 17.73

Smart Scan Analysis for WGMI

Based on our trend formula, WGMI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for WGMI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.2500 13.3499 12.7601 13.1400 -0.2100
Prev. Close Volume Bid Ask Time
13.3500 219889 2024-04-16 15:59:21
52wk High22.4852wk High Date2023-12-27
52wk Low8.500152wk Low Date2023-10-04
Average Volume310,121
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