InvestorsObserver Gives Stacks (STX) Average Long-Term Technical Score

InvestorsObserver assigns Stacks an average long-term technical score of 63, indicating a neutral sentiment among long-term investors. This score is based on the coin's historical trading patterns, support and resistance levels, and its position relative to long-term averages.

InvestorsObserver's Long-Term Technical Analysis for Stacks (STX)

InvestorsObserver assigns Stacks (STX) an average long-term technical score of 63. This score is based on the coin's historical trading patterns over the past year, taking into account its support and resistance levels, as well as its current position relative to long-term averages. This analysis helps investors determine the coin's suitability as a long-term investment opportunity.

STX's long-term technical score places it above 63% of all cryptocurrencies currently in circulation. This score is particularly relevant for buy-and-hold investors seeking steady growth in their asset allocation. Combining a strong long-term technical score with a favorable short-term score can also assist portfolio managers in identifying undervalued coins.

Trading Analysis

STX is currently trading at $3.67, which is $1.63 (79.42%) above its 100-day moving average of $2.05. The coin is also $3.25 (1747.93%) above its 52-week low of $0.42 and $0.07 (169.20%) below its 52-week high of $3.74. These price movements relative to STX's long-term average and 52-week highs and lows contribute to its average long-term technical score of 63.

The coin's price action and range suggest that investors are currently neutral on STX. This sentiment is reflected in the coin's volume, which is below its seven-day average over the past 24 hours, with 261,903,908.52 STX traded during that period.

Market Cap and Volume

STX's current market capitalization stands at $5,316,325,134.88. The coin has an average daily volume of $1,966,075,408.40 over the past seven days.

Summary

InvestorsObserver's long-term technical analysis of Stacks (STX) indicates an average score of 63. This score reflects the coin's historical trading patterns and its current position relative to long-term averages. While investors are currently neutral on STX, its average long-term technical score suggests that it may be a suitable investment opportunity for those seeking steady growth.