What do the Long-Term Technicals Predict for Polis (POLIS) Tuesday?

Tuesday, July 04, 2023 08:04 AM | InvestorsObserver Analysts

Polis receives an average long-term technical score of 46 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin'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, POLIS holds a superior long-term technical analysis score than 46% 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 coins that have bottomed out.

InvestorsObserver is giving Polis a 46 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Polis!

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Trading Analysis

Polis's price is -$0.0019576 (-25.81%) below its 100-day moving average price of $0.007583533 as its price at the moment sits at $0.005625923. Additionally, POLIS is $0.0019167 (-296403.42%) higher than its 52-week low price of $0.003709260 while -$0.04188510 (-21035.90%) under its 52-week high of $0.047511026. The current trading price in relation to its long-term average along with its 52-week high and low, gives POLIS an average long-term technical score of 46. Long-term trading movement of Polis suggest that investors are bearish on the coin at the moment. Polis has a total market value of $55,313.46 with an low average daily volume of $41.72 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, POLIS's volume is below its average with $5.50 exchanged in total.

Summary

POLIS's historical trading over the past year gives it a an average long-term technical score of 46 as its price movement in that time has given investors reason to be bearish on the coin in the long-term. Click Here to get the full Report on Polis (POLIS).