Tycoon (TYC): How Does the Chart Look Thursday?

Thursday, November 17, 2022 11:48 AM | InvestorsObserver Analysts

Tycoon receives an average long-term technical score of 52 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, TYC holds a superior long-term technical analysis score than 52% 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 Tycoon a 52 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Tycoon!

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Trading Analysis

TYC is currently -$0.0029775 (-51.81%) below its 100-day moving average price of $0.005746793 with its current price of $0.002769330. Meanwhile, Tycoon is $0.0022154 (-1985304.68%) above its 52-week low price of $0.000553932 and -$0.05509171 (-17278.00%) below its 52-week high of $0.057861038. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 52. Trends for the long-term trading history of Tycoon suggest that traders are currently neutral on the token. Tycoon currently has a total market cap of $218,266.29 to go along with its average daily volume of $23,748.89 worth of the currency over the past seven days. TYC's volume is below its seven day average as of the past 24 hours, with 3,560.68 exchanged in that period.

Summary

TYC's historical trading over the past year gives it a an average long-term technical score of 52 as its price movement in that time has given investors reason to be neutral on the token in the long-term. Click Here to get the full Report on Tycoon (TYC).