Graph Blockchain share: The end is near – isn’t it? ()

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 20, 2022, 03:27.

Based on a total of 4 assessment criteria, we have developed an assessment of the current level of Graph Blockchain. At each stage, the company receives a buy, hold or sell rating. This results in a final weighting of the overall score.

1. Sentiment and Buzz: Assessing the rate of change in sentiment and the intensity of talk paints the following picture: Over the past month, there has been no significant trend in investor sentiment. Therefore, we evaluate this point with “Hold”. Let’s look at the intensity of the discussions over the past month. This provides information on whether an action tends to receive a lot or little attention. Investors haven’t discussed the company much more or less than usual. This results in a “Hold” rating. This gives Graph Blockchain’s stock a “Hold” rating.

2. Technical Analysis: Over the past 200 trading days, Graph Blockchain stock has averaged a closing price of $0.14. The closing price on the last trading day was CAD 0.03 (-78.57% difference) and therefore we are assigning a “Sell” rating from a technical perspective. In addition to the 200-day moving average, the 50-day moving average is also often analyzed as part of the chart technique. The last closing price for this security (0.06 CAD) is also below the moving average (-50%), so the Graph Blockchain stock also receives a “Sell” rating for this security. Overall, Graph Blockchain receives a “Sell” rating for the Simple Graph Technique.

3. Relative Strength Index: The Relative Strength Index (also Relative Strength Index, abbreviated RSI) is used in technical analysis to assess whether a stock is overbought or oversold. As a result, overbought stocks are more likely to see short-term price declines, while oversold stocks are more likely to see price gains. For this point of analysis, we consider the 7-day and 25-day RSI for Graph Blockchain. First the RSI7: it is currently at 100 points, indicating that Graph Blockchain is overbought. This gives the stock a “Sell” rating for the 7-day RSI. The 25-day RSI fluctuates less in comparison. Graph Blockchain is also overbought here (value: 81.82), so the stock also receives a “sell” rating for RSI25. Together, this gives Graph Blockchain Security a “Sell” rating in this section.