Argus (ARGUS): How Does it Rank Monday on Long-Term Trading Metrics?

Monday, March 20, 2023 11:30 AM | InvestorsObserver Analysts

Argus receives a weak long-term technical score of 25 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, ARGUS holds a superior long-term technical analysis score than 25% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.

InvestorsObserver is giving Argus a 25 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Argus!

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Trading Analysis

ARGUS is currently $0.0001376 (19.57%) above its 100-day moving average price of $0.000702857 with its current price of $0.000840433. Meanwhile, Argus is $0.0006514 (-5817819.72%) above its 52-week low price of $0.000189060 and -$0.00016493 (-994580.33%) below its 52-week high of $0.001005365. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 25. Trends for the long-term trading history of Argus suggest that traders are currently bearish on the coin. Currently, volume and market capitalization data is not available for ARGUS. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as Argus extra intriguing.

Summary

Technical analysis of Argus over the past year results in the crypto receiving a a weak long-term technical score of 25 as its price movement in that time has given traders reason to be bearish on the coin in the long-term. Click Here to get the full Report on Argus (ARGUS).