Stock Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
BIT Mining Limited ADS (NYSE:BTCM)
Bull Market Weakness (+75) - BTCM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BTCM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BTCM?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTCM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTCM
The long-term trend has been UP since Sep 2nd, 2021 at 10.1800
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 8.7900
The short-term trend has been UP since Oct 15th, 2021 at 9.6199
Smart Scan Analysis for BTCM
Based on our trend formula, BTCM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||35||52wk High Date||2021-02-16|
|52wk Low||2.5482||52wk Low Date||2020-12-14|
|Average Volume||1,639,845||Shares Outstanding||5,786|