Is Quark (QRK) Heading the Right Direction Tuesday?

Tuesday, October 18, 2022 07:20 AM | InvestorsObserver Analysts

Quark receives a strong long-term technical score of 99 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin'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. QRK currently holds a superior long-term technical analysis score than 99% 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. coins 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'.

InvestorsObserver is giving Quark a 99 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Quark!

See Full Report

Trading Analysis

The current trading price of $0.003417296 for QRK is $0.0005128 (17.65%) above the coins 100-day moving average of $0.002904530. QRK meanwhile is $0.0028563 (-1960108.99%) above its 52-week low of $0.000561019 and -$0.04061943 (-22700.56%) under its 52-week high price of $0.044036724. Quark's current price relative to the coins long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 99. The price movement and range of QRK suggest that investors are neutral on the coin at this time. Quark has a total market value of $964,365.59 with an low average daily volume of $164,165.25 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, QRK's volume is below its average with $22,202.48 exchanged in total.

Summary

QRK's historical trading over the past year gives it a a strong long-term technical score of 99 as its price movement in that time has given investors reason to be neutral on the coin in the long-term. Click Here to get the full Report on Quark (QRK).