Stipend (SPD) What Does the Chart Say Wednesday?

Wednesday, March 02, 2022 04:27 PM | InvestorsObserver Analysts

Stipend receives a weak short-term technical ranking of 16 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. SPD has a superior recent technical analysis than 16% of coins based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

InvestorsObserver is giving Stipend a 16 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Stipend!

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Trading Analysis

Stipend is $0.002078 (17.78%) higher than its 30-day low price of $0.011689046 while also -$0.018464 (-57.29%) lower than its high of $0.03223087 from the past month of trading. Meanwhile, SPD's current price of $0.013766902 is under its average price of $0.020489528 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of Stipend suggest that traders are currently bearish on the coin. Currently, volume and market capitalization data for SPD are unavailable. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as Stipend extra intriguing.

Summary

Stipend's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the coin's short-term movement. Click Here to get the full Report on Stipend (SPD).