SAIHEAT Ltd. [SAIH] is -20.55% lower this YTD. Is it still time to buy?

SAIHEAT Ltd. [NASDAQ: SAIH] traded at a high on Wednesday, posting a 68.87 gain after which it closed the day’ session at $0.95.

The results of the trading session contributed to over 33901702 shares changing hands. Over the past one week, the price volatility of SAIHEAT Ltd. stands at 56.04% while the volatility over the past one month is 21.55%.

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The market cap for SAIH stock reached $23.29 million, with 14.41 million shares outstanding and 13.69 million shares in the current float. Compared to the average trading volume of 128.04K shares, SAIH reached a trading volume of 33901702 in the most recent trading day, which is why market watchdogs consider the stock to be active.

How has SAIH stock performed recently?

SAIHEAT Ltd. [SAIH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 55.00. With this latest performance, SAIH shares gained by 25.98% in over the last four-week period, additionally plugging by 11.22% over the last 6 months – not to mention a rise of 5.06% 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 SAIH stock in for the last two-week period is set at 65.39, with the RSI for the last a single of trading hit 71.73, and the three-weeks RSI is set at 60.82 for SAIHEAT Ltd. [SAIH]. The present Moving Average for the last 50 days of trading for this stock 0.7776, while it was recorded at 0.6386 for the last single week of trading, and 0.9172 for the last 200 days.

Insider trade positions for SAIHEAT Ltd. [SAIH]

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