Is OWNDATA (OWN) Heading the Right Direction Wednesday?

Wednesday, January 19, 2022 07:21 AM | InvestorsObserver Analysts

InvestorsObserver gives OWNDATA an average short-term technical score of 39 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. OWN has currently traded better than 39% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

InvestorsObserver is giving OWNDATA a 39 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on OWNDATA!

See Full Report

Trading Analysis

OWNDATA is $0.000000 (0.19%) higher than its 30-day low price of $0.000024592 while also -$0.000035 (-58.66%) lower than its high of $0.00005960 from the past month of trading. Meanwhile, OWN's current price of $0.000024639 is under its average price of $0.000041612 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of OWNDATA suggest that traders are currently neutral on the token. OWNDATA's market cap of $251,334.19 is relatively low for a token. OWNDATA's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Meanwhile, OWN's average volume is low with $2.06 worth of the token traded over an average 24 hour period. OWN's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the last 24 hours, OWN's volume is below its usual with $0.27 exchanged.

Summary

OWNDATA's price movement over the past month has led to a an average short-term technical score due to recent trading giving more neutral signals for traders on the token's short-term movement. Click Here to get the full Report on OWNDATA (OWN).