BTCM Stock BIT Mining (BTCM, $2.74) entered Downtrend as Momentum indicator drops below 0 level on Jul 25, 2024

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07/26/24

BTCM - BIT Mining Limited

Momentum signal

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Odds of DOWN Trend

Price: $2.74

Daily change: -$0.21 (-7.12%)

Daily volume: 81.7K

Capitalization: $30.4M

Industry: Information Technology Services

This indicator may be signaling that BTCM's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 100 similar cases where BTCM's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:

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