WiSA Technologies Inc [WISA] Is Currently 8.09 above its 200 Period Moving Avg: What Does This Mean?

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WiSA Technologies Inc [NASDAQ: WISA] price surged by 8.09 percent to reach at $0.14.

The one-year WISA stock forecast points to a potential upside of 86.64. The average equity rating for WISA stock is currently 2.00, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on WiSA Technologies Inc [WISA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WISA shares is $14.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WISA stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

H.C. Wainwright have made an estimate for WiSA Technologies Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 14, 2020.

The Average True Range (ATR) for WiSA Technologies Inc is set at 0.18, with the Price to Sales ratio for WISA stock in the period of the last 12 months amounting to 5.87. The Price to Book ratio for the last quarter was 1.43, with the Price to Cash per share for the same quarter was set at 1.09.

WISA Stock Performance Analysis:

WiSA Technologies Inc [WISA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 19.11. With this latest performance, WISA shares gained by 1.63% in over the last four-week period, additionally sinking by -79.78% over the last 6 months – not to mention a drop of -94.97% 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 WISA stock in for the last two-week period is set at 53.84, with the RSI for the last a single of trading hit 60.30, and the three-weeks RSI is set at 50.92 for WiSA Technologies Inc [WISA]. The present Moving Average for the last 50 days of trading for this stock 1.7994, while it was recorded at 1.7020 for the last single week of trading, and 4.8780 for the last 200 days.

Insight into WiSA Technologies Inc Fundamentals:

WiSA Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.14 and a Current Ratio set at 2.79.

WiSA Technologies Inc [WISA] Institutonal Ownership Details

There are presently around $1.76%, or 2.47%% of WISA stock, in the hands of institutional investors.