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!
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.