Bitdeer Technologies Group (BTDR)

Bitdeer Technologies Group is trading at $8.82, down 6.07% on the session. The 50 day average sits at $13.63 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 38.5, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $8.78 with resistance near $12.93, so that band frames the current range. Average daily movement is roughly $1.26, or about 14.2% of the share price, which is what any stop placement has to allow for. The overall health score of 24 out of 100 combines a trend score of 25, momentum of 20 and a risk score of 28.

Bitdeer Technologies Group operates as a technology company for blockchain and high-performance computing (HPC) in Singapore, the United States, Bhutan, Norway, Finland, Ethiopia, Canada, and internationally. The company offers hash rate sharing solutions, including cloud hash rate and hash-rate subscription plans; and a one-stop mining rig hosting solution comprising deployment, maintenance, and management services for cryptocurrency mining; as well as mining cryptocurrencies for its own account. It also operates mining datacenters to generate hash rates; handles various processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations; and sells mining rigs. In addition, the company offers Minerplus, a software platform that offers software support to reduce time needed for daily maintenance and mining rig upgrade; AI infrastructure and AI cloud business to offer advanced AI cloud capabilities, HPC services and colocation services; and mining solutions under the SEALMINER brand. The company is headquartered in Singapore.