VCI Global Ltd [NASDAQ: VCIG] stock went on a downward path that fall over -24.84% on Friday, amounting to a one-week price decrease of less than -27.28%.
Over the last 12 months, VCIG stock dropped by -97.91%.
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The market cap for the stock reached $6.90 million, with 86.04 million shares outstanding and 68.00 million shares in the current float. Compared to the average trading volume of 12.03M shares, VCIG stock reached a trading volume of 25454904 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 -27.28. With this latest performance, VCIG shares dropped by -55.74% in over the last four-week period, additionally sinking by -94.29% over the last 6 months – not to mention a drop of -97.91% 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 30.54, with the RSI for the last a single of trading hit 27.97, and the three-weeks RSI is set at 31.58 for VCI Global Ltd [VCIG]. The present Moving Average for the last 50 days of trading for this stock 0.1298, while it was recorded at 0.0798 for the last single week of trading, and 0.6558 for the last 200 days.
