Raytech Holding Ltd. [NASDAQ: RAY] jumped around 0.59 points on Thursday, while shares priced at $2.08 at the close of the session, up 39.60%.
Compared to the average trading volume of 85.76K shares, RAY reached a trading volume of 2482937 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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How has RAY stock performed recently?
Raytech Holding Ltd. [RAY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 26.06.
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 RAY stock in for the last two-week period is set at 45.77, with the RSI for the last a single of trading hit 52.62, and the three-weeks RSI is set at 42.96 for Raytech Holding Ltd. [RAY]. The present Moving Average for the last 50 days of trading for this stock 2.9800, while it was recorded at 1.6600 for the last single week of trading.
