Noir (NOR): Does it Score Well on Long-Term Trading Metrics Friday?

Friday, January 14, 2022 07:24 AM | InvestorsObserver Analysts

Noir receives a weak long-term technical score of 7 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin'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, NOR holds a superior long-term technical analysis score than 7% 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 coins that have bottomed out.

InvestorsObserver is giving Noir a 7 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Noir!

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Trading Analysis

Noir's price is -$0.0052034 (-48.53%) below its 100-day moving average price of $0.010722359 as its price at the moment sits at $0.005519004. Additionally, NOR is $0.0008589 (-235928.51%) higher than its 52-week low price of $0.004660090 while -$0.03653709 (-23764.64%) under its 52-week high of $0.042056099. The current trading price in relation to its long-term average along with its 52-week high and low, gives NOR an average long-term technical score of 7. Long-term trading movement of Noir suggest that investors are bearish on the coin at the moment. Noir has a total market value of $112,930.41 with an low average daily volume of $2,880.46 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, NOR's volume is below its average with $413.95 exchanged in total.

Summary

Technical analysis of Noir over the past year results in the crypto receiving a a weak long-term technical score of 7 as its price movement in that time has given traders reason to be bearish on the coin in the long-term. Click Here to get the full Report on Noir (NOR).