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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.
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MarketClub’s Trade Triangles for BTCM
The long-term trend has been UP since Dec 23rd, 2022 at 0.4444
The intermediate-term trend has been DOWN since Oct 27th, 2023 at 2.6900
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).
| 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 High | 5.49 | 52wk High Date | 2023-01-17 |
| 52wk Low | 1.4 | 52wk Low Date | 2022-12-28 |
| Average Volume | 46,477 | Shares Outstanding | 579 |
| Assets | 86,804,000M | Liabilities | 33,676,000M |
| P/E Ratio | 0.5039 |