PLANET (PLA): How Does it Rank Wednesday on Long-Term Trading Metrics?

Wednesday, October 05, 2022 02:14 PM | InvestorsObserver Analysts

InvestorsObserver gives PLANET an average long-term technical score of 40 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders. PLA at this time has a superior long-term technical analysis score than 40% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.

InvestorsObserver is giving PLANET a 40 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on PLANET!

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Trading Analysis

The current trading price of $0.004040072 for PLA is -$0.0039284 (-49.30%) below the tokens 100-day moving average of $0.007968456. PLA meanwhile is $0.0006173 (-321254.40%) above its 52-week low of $0.003422820 and -$0.05068344 (-18266.30%) under its 52-week high price of $0.054723509. PLANET's current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 40. The price movement and range of PLA suggest that investors are bearish on the token at this time. PLANET has a total market value of $909,016.20 with an low average daily volume of $941,001.45 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, PLA's volume is below its average with $114,398.57 exchanged in total.

Summary

PLA's historical trading over the past year gives it a an average long-term technical score of 40 as its price movement in that time has given investors reason to be bearish on the token in the long-term. Click Here to get the full Report on PLANET (PLA).