BIT Mining Ltd - ADR Shares Close the Day 10.3% Lower - Daily Wrap
The company saw its shares close the day 10.3% lower than yesterday, with trading volume lower than its 30 day average.
Jul 17, 2021 by Kwhen Finance Editors
BIT Mining Ltd - ADR (BTCM) shares closed today 10.3% lower than it did at the end of yesterday. The stock is currently down 50.4% year-to-date, up 32.3% over the past 12 months, and down 74.4% over the past five years. Today, the Dow Jones Industrial Average fell 0.9%, and the S&P 500 fell 0.8%.
Trading Activity
- Shares traded as high as $6.20 and as low as $4.43 this week.
- Shares closed 87.3% below its 52-week high and 77.7% above its 52-week low.
- Trading volume this week was 56.7% higher than the 10-day average and 54.3% higher than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price lags the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price lags the Dow Jones Industrial Average today, beats it on a 1-year basis, and lags it on a 5-year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| BIT Mining Ltd - ADR | -10.3 | -50.4 | 32.3 | -86.1 | 94.4 |
| Dow Jones Industrial Average | -0.9 | 14.4 | 32.1 | -0.0 | 37.4 |
| S&P 500 Index | -0.8 | 16.1 | 36.5 | -0.4 | 38.6 |
| Technology Industry | 3.0 | -44.6 | -75.2 | -77.7 | 3.1 |
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.
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