How Does it Rank Sunday on Long-Term Trading Metrics?

InvestorsObserver gives BlackHat a weak long-term technical score of 4 from its research. The proprietary scoring system takes into account the historical trading patterns from recent months to a year of the coin’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders. BLKC at this time has a superior long-term technical analysis score than 4% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover coins that have bottomed out.

InvestorsObserver is giving BlackHat a 4 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on BlackHat!

Trading Analysis

BLKC is currently -$0.0311168 (-49.03%) below its 100-day moving average price of $0.063467277 with its current price of $0.032350521. Meanwhile, BlackHat is $0.0043350 (-39148.41%) above its 52-week low price of $0.028015571 and -$0.69131144 (-1377.39%) below its 52-week high of $0.723661959. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 4. Trends for the long-term trading history of BlackHat suggest that traders are currently bearish on the coin. BlackHat has a market capitalization of $289,083.88 and a relatively low average daily volume with $422,252.40 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, BLKC’s volume is below its seven day average with 57,503.58 exchanged.

Summary

BLKC’s historical trading over the past year gives it a a weak long-term technical score of 4 as its price movement in that time has given investors reason to be bearish on the coin in the long-term. Click Here to get the full Report on BlackHat (BLKC).

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