Stacks (STX): Does it Score Well on Long-Term Trading Metrics Friday?

Friday, March 29, 2024 08:22 AM | InvestorsObserver Analysts

Stacks receives an average long-term technical score of 54 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, STX holds a superior long-term technical analysis score than 54% 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 Stacks a 54 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Stacks!

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Trading Analysis

STX is currently $1.3600000 (62.82%) above its 100-day moving average price of $2.170000000 with its current price of $3.530000000. Meanwhile, Stacks is $3.1100000 (-1782.19%) above its 52-week low price of $0.420000000 and -$0.24000000 (-171.52%) below its 52-week high of $3.770000000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 54. Trends for the long-term trading history of Stacks suggest that traders are currently neutral on the coin. Stacks has a total market value of $5,121,429,636.61 with an high average daily volume of $1,179,273,822.36 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, STX's volume is below its average with $159,763,166.11 exchanged in total.

Summary

Technical analysis of Stacks over the past year results in the crypto receiving a an average long-term technical score of 54 as its price movement in that time has given traders reason to be neutral on the coin in the long-term. Click Here to get the full Report on Stacks (STX).