Blockchain Stock Chart: Anything Can Happen Here Now ()

For the Graph Blockchain stock in the “Application Software” segment, a price of 0.03 CAD is quoted on the Canadian stock exchange Sec on December 24, 2022, 08:49.

Using a proven scheme, we rated Graph Blockchain at the current level. The security is evaluated for 4 factors, each of which is rated “Buy”, “Hold” or “Sell”. This results in an overall evaluation at the last stage.

1. Technical Analysis: The average closing price of Graph Blockchain stock for the last 200 trading days is currently 0.14 CAD. The last closing price (0.03 CAD) deviates by -78.57%, which corresponds to a “sell” rating from a technical point of view. Let’s look at the average of the last 50 trading days. For this one (CAN$0.06), the last close is also below the moving average (-50% deviation). The Graph Blockchain stock therefore also receives a “Sell” rating on this short-term basis. The bottom line is that the Graph Blockchain share receives a “sell” rating for the single chart technique.

2. Relative Strength Index: With the help of the Relative Strength Index (RSI), a technical analysis indicator, it is possible to determine whether a security is “overbought” or “oversold”. To do this, the upward and downward movements of an underlying asset are compared over time. Let’s look at the RSI of the Graph Blockchain stock for the last 7 days: the value is currently 60. As such, the stock is neither overbought nor oversold, so we assign a Hold rating. The RSI for the last 25 trading days is less volatile than the RSI7 and adds a longer-term perspective to our analysis. Again, Graph Blockchain is neither overbought nor sold (value: 64.29), so the stock also receives a “hold” rating for RSI25. Overall, the analysis of RSI on Graph Blockchain therefore provides a “hold” rating.

3. Sentiment and buzz: Strong positive or negative oscillations in Internet communication can be identified precisely and early thanks to our analysis. However, the mood of Graph Blockchain has hardly changed over the past few weeks. We give the action a “Hold” rating for this. The strength of discussion measures the attention of market players on social media. For Graph Blockchain, our programs have not measured any exceptional activity over the past four weeks. Graph Blockchain gets a “Hold” rating for this. Overall, the action is therefore rated “Hold” at this level.