Oxygen (OXY): How Does it Rank Friday on Long-Term Trading Metrics?

Friday, March 29, 2024 08:06 AM | InvestorsObserver Analysts

Oxygen receives a weak long-term technical score of 12 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, OXY holds a superior long-term technical analysis score than 12% 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 Oxygen a 12 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Oxygen!

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Trading Analysis

Oxygen's price is -$0.0040933 (-23.31%) below its 100-day moving average price of $0.017556768 as its price at the moment sits at $0.013463515. Additionally, OXY is $0.0107099 (-398991.51%) higher than its 52-week low price of $0.002753576 while -$0.14118994 (-6457.36%) under its 52-week high of $0.154653460. The current trading price in relation to its long-term average along with its 52-week high and low, gives OXY an average long-term technical score of 12. Long-term trading movement of Oxygen suggest that investors are bearish on the token at the moment. Oxygen has a total market value of $547,822.56 with an low average daily volume of $1,634,087.12 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, OXY's volume is below its average with $227,996.45 exchanged in total.

Summary

Trading patterns over the last year for Oxygen leads to the token's a weak long-term technical score of 12 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the token. Click Here to get the full Report on Oxygen (OXY).