Stock Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC)
Long-Term Downtrend (-90) - BLKC is in a strong downtrend that is likely to continue. While BLKC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BLKC?
MarketClub looks at technical strength and momentum to determine if the timing is right for BLKC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BLKC
The long-term trend has been DOWN since Dec 3rd, 2021 at 24.930
The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 27.520
The short-term trend has been DOWN since Nov 30th, 2021 at 26.689
Smart Scan Analysis for BLKC
Based on our trend formula, BLKC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||31.04||52wk High Date||2021-11-09|
|52wk Low||23.54||52wk Low Date||2021-12-06|