Is Aidos Kuneen (ADK) Heading the Right Direction Wednesday?

Wednesday, January 19, 2022 09:08 AM | InvestorsObserver Analysts

Aidos Kuneen receives an average long-term technical score of 35 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, ADK holds a superior long-term technical analysis score than 35% 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 Aidos Kuneen a 35 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Aidos Kuneen!

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Trading Analysis

ADK is currently -$0.6600000 (-66.99%) below its 100-day moving average price of $0.990000000 with its current price of $0.330000000. Meanwhile, Aidos Kuneen is $0.0300000 (-3602.36%) above its 52-week low price of $0.300000000 and -$4.06000000 (-220.70%) below its 52-week high of $4.380000000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 35. Trends for the long-term trading history of Aidos Kuneen suggest that traders are currently bearish on the coin. Aidos Kuneen has a market capitalization of $8,174,113.37 and a relatively low average daily volume with $1,927,824.39 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, ADK's volume is below its seven day average with 253,032.22 exchanged.

Summary

ADK's historical trading over the past year gives it a an average long-term technical score of 35 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 Aidos Kuneen (ADK).