Commercium (CMM): How Does it Rank Wednesday on Long-Term Trading Metrics?

Wednesday, February 02, 2022 12:42 PM | InvestorsObserver Analysts

Commercium receives an average long-term technical score of 42 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, CMM holds a superior long-term technical analysis score than 42% 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 Commercium a 42 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Commercium!

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Trading Analysis

CMM is currently -$0.0003863 (-31.96%) below its 100-day moving average price of $0.001208921 with its current price of $0.000822587. Meanwhile, Commercium is $0.0000937 (-1509075.76%) above its 52-week low price of $0.000728868 and -$0.00547627 (-158745.83%) below its 52-week high of $0.006298860. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 42. Trends for the long-term trading history of Commercium suggest that traders are currently bearish on the coin. Commercium currently has a total market cap of $36,438.30 to go along with its average daily volume of $129.37 worth of the currency over the past seven days. CMM's volume is below its seven day average as of the past 24 hours, with 18.51 exchanged in that period.

Summary

CMM's historical trading over the past year gives it a an average long-term technical score of 42 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 Commercium (CMM).