VCI Global Ltd [VCIG] Stock trading around $0.14 per share: What’s Next?

KRBP

VCI Global Ltd [NASDAQ: VCIG] price plunged by -13.54 percent to reach at -$0.02.

VCIG Stock Performance Analysis:

VCI Global Ltd [VCIG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -39.09. With this latest performance, VCIG shares dropped by -49.81% in over the last four-week period, additionally sinking by -86.44% over the last 6 months – not to mention a drop of -96.59% in the past year of trading.

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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 25.53, with the RSI for the last a single of trading hit 24.26, and the three-weeks RSI is set at 26.48 for VCI Global Ltd [VCIG]. The present Moving Average for the last 50 days of trading for this stock 0.3734, while it was recorded at 0.1666 for the last single week of trading, and 1.1285 for the last 200 days.

VCI Global Ltd [VCIG] Institutonal Ownership Details