Graph Blockchain Stock: let’s go! ()

As of December 1, 2022, 7:03 p.m., shares of Graph Blockchain are listed at CAD 0.04 on the Canadian Sec home exchange. Graph Blockchain belongs to the “Application Software” segment.

In a complex analytical process, our company’s analysts rated Graph Blockchain based on a total of 4 assessment criteria. All individual criteria lead to a classification like “Buy”, “Hold” or “Sell”. From this, an overall share ranking is calculated in the final overall rating.

1. Relative Strength Index: The Relative Strength Index (RSI) is a well-known means of technical analysis to assess whether a security is currently “overbought” or “oversold”. This defines price movements with respect to time. We look at the 7 and 25 day RSI for Graph Blockchain. Let’s start with the 7-day RSI, which is currently at 60 points. This means that Graph Blockchain is neither overbought nor oversold at the moment. The title is therefore classified as “Hold”. What about the 25-day RSI? Graph Blockchain is also neither overbought nor oversold on a 25-day basis (value: 65.79). For this reason, the stock also gets a “hold” rating on the RSI25. The bottom line is that Graph Blockchain is rated “Hold” for this point in our analysis.

2. Technical Analysis: The current price of the Graph Blockchain of 0.04 CAD is -73.33% away from the GD200 (0.15 CAD) from the point of view of the graphic technical evaluation of a “sell” signal. In contrast, the GD50, which quantifies the average 50-day price development, has a price of 0.08 CAD. This means for the stock price that there is a “sell” signal, since the gap is -50%. The bottom line is that the Graph Blockchain stock price is classified as a “sell” based on the 50- and 200-day average.

3. Sentiment and Buzz: In addition to the analyzes of the banks, the benchmark for the mood around stocks is also the long-term mood of investors and Internet users. The number of posts over a longer period and the evolution of sentiment give a good long-term picture of sentiment. We have analyzed Graph Blockchain stock for these two factors. The number of messages or the intensity of the discussion showed an average level of activity, from which we believe that a “pending” rating can be generated. The sentiment change rate for Graph Blockchain shows little change. This corresponds to a “hold” note. In this regard, we give the Graph Blockchain stock a “Hold” rating in terms of long-term sentiment.