Is FIBOS (FO) Heading the Right Direction Wednesday?
Wednesday, June 28, 2023 04:34 PM | InvestorsObserver Analysts
InvestorsObserver gives FIBOS an average long-term technical score of 42 from its research. The proprietary scoring system take 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.
FO at this time has a superior long-term technical analysis score than 42% 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 FIBOS a 42 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on FIBOS!
FO is currently -$0.0002338 (-24.43%) below its 100-day moving average price of $0.000956927 with its current price of $0.000723157. Meanwhile, FIBOS is $0.0000333 (-1594419.52%) above its 52-week low price of $0.000689861 and -$0.00142309 (-465896.54%) below its 52-week high of $0.002146244. 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 FIBOS suggest that traders are currently bearish on the coin.
FIBOS currently has a total market cap of $774,929.98 to go along with its average daily volume of $2,880.43 worth of the currency over the past seven days. FO's volume is below its seven day average as of the past 24 hours, with 432.16 exchanged in that period.
Summary
Trading patterns over the last year for FIBOS leads to the coin's an average long-term technical score of 42 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the coin.
Click Here to get the full Report on FIBOS (FO).
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