InvestorsObserver
×
News Home

Is ChainGuardians (CGG) Trending Lower or Higher Monday?

Monday, March 14, 2022 03:09 PM | InvestorsObserver Analysts
Is ChainGuardians (CGG) Trending Lower or Higher Monday?

ChainGuardians receives a weak long-term technical score of 31 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. CGG currently holds a superior long-term technical analysis score than 31% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

Long-Term Technical - 31
InvestorsObserver is giving ChainGuardians a 31 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ChainGuardians!

Trading Analysis

CGG is currently -$0.3700000 (-50.33%) below its 100-day moving average price of $0.740000000 with its current price of $0.370000000. Meanwhile, ChainGuardians is $0.2500000 (-8753.37%) above its 52-week low price of $0.120000000 and -$1,021.74000000 (-0.94%) below its 52-week high of $1,022.100000000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 31. Trends for the long-term trading history of ChainGuardians suggest that traders are currently bearish on the token. ChainGuardians has a total market value of $15,953,946.22 with an average average daily volume of $2,877,630.81 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, CGG's volume is below its average with $563,445.90 exchanged in total.

Summary

CGG's historical trading over the past year gives it a a weak long-term technical score of 31 as its price movement in that time has given investors reason to be bearish on the token in the long-term. Click Here to get the full Report on ChainGuardians (CGG).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App