Thursday, March 28, 2024 09:28 AM | InvestorsObserver Analysts
Azbit receives an average long-term technical score of 57 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, AZ holds a superior long-term technical analysis score than 57% 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 Azbit a 57 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Azbit!
Azbit's price is -$0.0000020 (-26.57%) below its 100-day moving average price of $0.000007683 as its price at the moment sits at $0.000005642. Additionally, AZ is $0.0000049 (-1529135012.40%) higher than its 52-week low price of $0.000000719 while -$0.00049459 (-1999067.19%) under its 52-week high of $0.000500233. The current trading price in relation to its long-term average along with its 52-week high and low, gives AZ an average long-term technical score of 57. Long-term trading movement of Azbit suggest that investors are neutral on the token at the moment.
Azbit has a market capitalization of $393,511.81 and a relatively low average daily volume with $96.56 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, AZ's volume is below its seven day average with 14.70 exchanged.
Summary
Technical analysis of Azbit over the past year results in the crypto receiving a an average long-term technical score of 57 as its price movement in that time has given traders reason to be neutral on the token in the long-term.
Click Here to get the full Report on Azbit (AZ).
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