What do the Long-Term Technicals Predict for Chronologic (DAY) Thursday?

Thursday, December 30, 2021 06:24 AM | InvestorsObserver Analysts

Chronologic receives an average long-term technical score of 44 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, DAY holds a superior long-term technical analysis score than 44% 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 Chronologic a 44 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Chronologic!

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Trading Analysis

Chronologic's price is -$0.0200000 (-9.41%) below its 100-day moving average price of $0.190000000 as its price at the moment sits at $0.170000000. Additionally, DAY is $0.1200000 (-21283.92%) higher than its 52-week low price of $0.050000000 while -$0.92000000 (-901.08%) under its 52-week high of $1.090000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives DAY an average long-term technical score of 44. Long-term trading movement of Chronologic suggest that investors are bearish on the token at the moment. Chronologic has a total market value of $212,891.50 with an low average daily volume of $122.09 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, DAY's volume is below its average with $16.70 exchanged in total.

Summary

Trading patterns over the last year for Chronologic leads to the token's an average long-term technical score of 44 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the token. Click Here to get the full Report on Chronologic (DAY).