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Stock Trend Analysis Report
Prepared for you on Monday, October 14, 2024.
Grayscale Ethereum Trust (ETH) Common units of fractional undivided beneficial interest (PACF:ETHE)
Sidelines Mode (+50) - ETHE is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ETHE can gain momentum.
Is it time to buy, sell, or avoid ETHE?
MarketClub looks at technical strength and momentum to determine if the timing is right for ETHE.
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 ETHE
The long-term trend has been DOWN since Jul 25th, 2024 at 28.405
The intermediate-term trend has been UP since Sep 23rd, 2024 at 21.700
The short-term trend has been UP since Oct 11th, 2024 at 20.830
Smart Scan Analysis for ETHE
Based on our trend formula, ETHE is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.4100 | 20.8400 | 20.4100 | 20.7266 | +0.7866 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.7400 | 2774825 | 2024-10-11 15:59:27 |
| 52wk High | 36.28 | 52wk High Date | 2024-05-28 |
| 52wk Low | 10.79 | 52wk Low Date | 2023-10-12 |
| Average Volume | 3,574,340 | Shares Outstanding | 256,249 |
| Assets | 100,157,860M | P/E Ratio | 1.941 |