VCI Global Ltd [VCIG] moved down -20.06: Why It’s Important

VCI Global Ltd [NASDAQ: VCIG] plunged by -$0.04 during the normal trading session on while it closed the day at $0.19.

VCI Global Ltd stock has also loss -4.64% of its value over the past 7 days. However, VCIG stock has declined by -76.61% in the 3 months of the year. Over the past six months meanwhile, it has lost -82.37% and lost -91.73% year-on date.

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The market cap for VCIG stock reached $16.08 million, with 86.04 million shares outstanding and 56.79 million shares in the current float. Compared to the average trading volume of 1.15M shares, VCIG reached a trading volume of 19406341 in the most recent trading day, which is why market watchdogs consider the stock to be active.

VCIG stock trade performance evaluation

VCI Global Ltd [VCIG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.64. With this latest performance, VCIG shares dropped by -43.17% in over the last four-week period, additionally sinking by -82.37% over the last 6 months – not to mention a drop of -96.01% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VCIG stock in for the last two-week period is set at 30.25, with the RSI for the last a single of trading hit 32.38, and the three-weeks RSI is set at 29.52 for VCI Global Ltd [VCIG]. The present Moving Average for the last 50 days of trading for this stock 0.4118, while it was recorded at 0.2111 for the last single week of trading, and 1.1837 for the last 200 days.

VCI Global Ltd [VCIG]: Institutional Ownership