LABS Group (LABS): How Does it Rank Monday on Long-Term Trading Metrics?

Monday, March 27, 2023 02:29 PM | InvestorsObserver Analysts

LABS Group receives a strong long-term technical score of 76 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token'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, LABS holds a superior long-term technical analysis score than 76% 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 tokens that have bottomed out.

InvestorsObserver is giving LABS Group a 76 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on LABS Group!

See Full Report

Trading Analysis

LABS Group's price is $0.0004276 (56.74%) above its 100-day moving average price of $0.000753571 as its price at the moment sits at $0.001181127. Additionally, LABS is $0.0008464 (-3286097.61%) higher than its 52-week low price of $0.000334708 while -$0.00354733 (-211460.42%) under its 52-week high of $0.004728459. The current trading price in relation to its long-term average along with its 52-week high and low, gives LABS a strong long-term technical score of 76. Long-term trading movement of LABS Group suggest that investors are neutral on the token at the moment. LABS Group currently has a total market cap of $2,618,415.90 to go along with its average daily volume of $1,087,624.60 worth of the currency over the past seven days. LABS's volume is below its seven day average as of the past 24 hours, with 202,523.04 exchanged in that period. This token's subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that use blockchain technology to authenticate and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens that are used in the buying, selling or collecting of art or certain other digital goods.

Summary

Trading patterns over the last year for LABS Group leads to the token's a strong long-term technical score of 76 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on LABS Group (LABS).