Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
BIT Mining Limited ADS (NYSE:BTCM)
Sidelines Mode (-55) - BTCM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BTCM
The long-term trend has been DOWN since Mar 5th, 2024 at 2.99
The intermediate-term trend has been UP since Oct 16th, 2024 at 2.50
The short-term trend has been DOWN since Oct 22nd, 2024 at 2.58
Smart Scan Analysis for BTCM
Based on our trend formula, BTCM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.70 | 2.76 | 2.56 | 2.60 | -0.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.72 | 46216 | 2024-10-22 15:55:50 |
| 52wk High | 6.95 | 52wk High Date | 2023-12-22 |
| 52wk Low | 1.79 | 52wk Low Date | 2024-04-15 |
| Average Volume | 52,807 | Shares Outstanding | 579 |
| Assets | 63,278,000M | Liabilities | 17,395,000M |
| P/E Ratio | 0.5039 |