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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
BIT Mining Limited ADS (NYSE:BTCM)
Strong Downtrend (-100) - BTCM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BTCM continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for BTCM
The long-term trend has been DOWN since Mar 5th, 2024 at 2.99
The intermediate-term trend has been DOWN since Mar 4th, 2024 at 3.45
The short-term trend has been DOWN since Apr 9th, 2024 at 2.61
Smart Scan Analysis for BTCM
Based on our trend formula, BTCM is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.2900 | 2.3230 | 2.0701 | 2.1200 | -0.0800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.1200 | 75492 | 2024-04-18 15:59:34 |
| 52wk High | 6.95 | 52wk High Date | 2023-12-22 |
| 52wk Low | 1.79 | 52wk Low Date | 2024-04-15 |
| Average Volume | 98,687 | Shares Outstanding | 579 |
| Assets | 75,612,000M | Liabilities | 32,424,000M |
| P/E Ratio | 0.5039 |