Summary:
- Volatility is at a recent 2 week low. A recent low volatility of stock movement within a box range could trigger break through when activities pick up.
- A moving average of short volume ratio is at a recent 2 week low. A lower short volume ratio could be a bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Stock news
Technology company MicroStrategy (NASDAQ: MSTR) holds thousands of bitcoin tokens on its balance sheet (and is still buying more), which is why its stock was up. As of 3 p.m. EST on Friday, MicroStrategy stock was up 10%, Marathon was up 6%, and Riot Blockchain was up 8%. According to cryptocurrency news site CoinDesk, the price of bitcoin had gone up 3% over the last 24 hours.
Shares of bitcoin-mining company Marathon Patent Group (NASDAQ: MARA) tumbled on Thursday, as the price of bitcoin continued falling. In recent days there has been some news regarding Marathon's management, though it's not likely contributing to the stock's decline. Kevin A. DeNuccio was recently added to the board of directors.
VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (DMGGF:OTC US) (FRANKFURT:6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company, is pleased to provide its shareholders with its business outlook for 2021. Not since late 2018 has the general crypto industry attracted so much attention; however, this new bull run is decidedly different from the past as institutions such as Paypal, BlackRock,...
Shares of bitcoin mining companies on Wednesday get slammed, and are on track to post a third straight decline as prices of the most prominent cryptocurrency and the broader virtual-asset market slumps.
Brings 25 Plus Years of Executive and Board Experience Building, Managing and Growing Leading Technology Businesses LAS VEGAS, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the largest enterprise Bitcoin self-mining companies in North America, today announced the appointment of Kevin A. DeNuccio to its board of directors. Mr. DeNuccio replaces Mr. David Lieberman on the board and in his committee appointments. Mr. DeNuccio is the Fo...
LAS VEGAS, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (Nasdaq:MARA) (“Marathon” or “Company”) today announced the closing of its previously announced registered direct offering of 12,500,000 shares of its common stock at a price of $20.0 per share in the offering. The gross proceeds to the Company were $250.0 million, before deducting placement agent fees and other offering expenses. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. The Company int...
Some left-for-dead penny stocks are now billion-dollar companies, thanks to the rally in the S&P 500 and other indexes.
Shares of bitcoin-mining company Marathon Patent Group (NASDAQ: MARA) came crashing down on Wednesday after the company announced a $250 million stock offering. As of 12:30 p.m. EST, Marathon stock was down 15%. The price of bitcoin has risen dramatically over the last few months, and investors have played this trend by trading penny stocks of bitcoin miners like Marathon, Riot Blockchain, Bit Digital, and others.
One of the most common questions traders have about stocks is "Why Is It Moving?"That's why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving. Here's why shares of Palantir, Marathon Patent, Twitter and Plug Power are moving. Palantir Stock News Palantir Technologies Inc (NYSE: PLTR) shares are trading lower after Citigroup downgraded the stock from Neutral to Sell and set a $15 price target.Marathon Paten...