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Stock Trend Analysis Report

Prepared for you on Saturday, January 28, 2023.

BIT Mining Limited ADS (NYSE:BTCM)

Countertrend Up (+85) - BTCM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
3.32 3.62 3.28 3.53 +0.23
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 up The intermediate-term trend has been UP since Dec 23rd, 2022 at 0.2600

short term down The short-term trend has been DOWN since Jan 24th, 2023 at 3.6600

Smart Scan Analysis for BTCM

Based on our trend formula, BTCM is rated as a +85 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
3.32 3.62 3.28 3.53 +0.23
Prev. Close Volume Bid Ask Time
3.30 298159 2023-01-27 15:59:45
52wk High34.79952wk High Date2022-02-10
52wk Low1.452wk Low Date2022-12-28
Average Volume1,820,075Shares Outstanding579
P/E Ratio0.642
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