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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

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.

NYSE_BTCM
Open High Low BTCM Price Change
3.0900 3.1526 2.8300 2.8562 -0.2138
Entry Signal

MarketClub’s Trade Triangles for BTCM

long term up The long-term trend has been UP since Nov 11th, 2024 at 3.20

intermediate term up The intermediate-term trend has been UP since Oct 16th, 2024 at 2.50

short term up The short-term trend has been UP since Nov 19th, 2024 at 3.22

Smart Scan Analysis for BTCM

Based on our trend formula, BTCM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BTCM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0900 3.1526 2.8300 2.8562 -0.2138
Prev. Close Volume Bid Ask Time
2.8400 293330 2024-11-20 15:59:29
52wk High6.9552wk High Date2023-12-22
52wk Low1.7952wk Low Date2024-04-15
Average Volume407,959Shares Outstanding579
Assets63,278,000MLiabilities17,395,000M
P/E Ratio0.5039
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