TradeStars (TSX): Does it Score Well on Long-Term Trading Metrics Tuesday?

Tuesday, January 31, 2023 07:51 PM | InvestorsObserver Analysts

TradeStars receives an average long-term technical score of 47 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, TSX holds a superior long-term technical analysis score than 47% 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 TradeStars a 47 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on TradeStars!

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Trading Analysis

The current trading price of $0.013550009 for TSX is $0.0046973 (53.06%) above the tokens 100-day moving average of $0.008852684. TSX meanwhile is $0.0071713 (-172237.15%) above its 52-week low of $0.006378676 and -$0.12941784 (-6985.10%) under its 52-week high price of $0.142967850. TradeStars'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 47. The price movement and range of TSX suggest that investors are bearish on the token at this time. TradeStars has a market capitalization of $183,584.27 and a relatively low average daily volume with $309,669.34 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, TSX's volume is below its seven day average with 45,270.88 exchanged.

Summary

TSX's historical trading over the past year gives it a an average long-term technical score of 47 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 TradeStars (TSX).