Market cap of noco-noco Inc [NCNC] reaches 0.38M – now what?

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noco-noco Inc [NASDAQ: NCNC] gained 10.64% on the last trading session, reaching $0.10 price per share at the time.

If compared to the average trading volume of 6.50M shares, NCNC reached a trading volume of 8832796 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Trading performance analysis for NCNC stock

noco-noco Inc [NCNC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.53. With this latest performance, NCNC shares dropped by -23.86% in over the last four-week period, additionally sinking by -49.32% over the last 6 months – not to mention a drop of -72.51% 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 NCNC stock in for the last two-week period is set at 44.90, with the RSI for the last a single of trading hit 48.09, and the three-weeks RSI is set at 43.69 for noco-noco Inc [NCNC]. The present Moving Average for the last 50 days of trading for this stock 0.1313, while it was recorded at 0.0983 for the last single week of trading, and 0.1841 for the last 200 days.

An analysis of Institutional ownership at noco-noco Inc [NCNC]