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Stock Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

BIT Mining Limited ADS (NYSE:BTCM)

Crossroads (+60) - BTCM 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 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.

Open High Low BTCM Price Change
3.05 3.05 2.86 3.04 +0.06
Entry Signal

MarketClub’s Trade Triangles for BTCM

long term up The long-term trend has been UP since Dec 23rd, 2022 at 0.4444

intermediate term down The intermediate-term trend has been DOWN since Oct 27th, 2023 at 2.6900

short term down The short-term trend has been DOWN since Nov 20th, 2023 at 2.8539

Smart Scan Analysis for BTCM

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

Smart Scan Analysis for BTCM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.05 3.05 2.86 3.04 +0.06
Prev. Close Volume Bid Ask Time
3.05 65367 2023-11-28 16:00:00
52wk High5.4952wk High Date2023-01-17
52wk Low1.452wk Low Date2022-12-28
Average Volume46,477Shares Outstanding579
P/E Ratio0.5039
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