Lytus Technologies Holdings PTV Ltd [NASDAQ: LYT] traded at a high on Friday, posting a 4.48 gain after which it closed the day’ session at $1.05.
The results of the trading session contributed to over 54823638 shares changing hands. Over the past one week, the price volatility of Lytus Technologies Holdings PTV Ltd stands at 58.94% while the volatility over the past one month is 20.30%.
The market cap for LYT stock reached $2.05 million, with 3.04 million shares outstanding and 0.62 million shares in the current float. Compared to the average trading volume of 108.86K shares, LYT reached a trading volume of 54823638 in the most recent trading day, which is why market watchdogs consider the stock to be active.
How has LYT stock performed recently?
Lytus Technologies Holdings PTV Ltd [LYT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.78. With this latest performance, LYT shares dropped by -34.38% in over the last four-week period, additionally sinking by -56.25% over the last 6 months – not to mention a drop of -83.33% 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 LYT stock in for the last two-week period is set at 29.19, with the RSI for the last a single of trading hit 28.20, and the three-weeks RSI is set at 31.89 for Lytus Technologies Holdings PTV Ltd [LYT]. The present Moving Average for the last 50 days of trading for this stock 1.6276, while it was recorded at 1.0750 for the last single week of trading, and 2.5047 for the last 200 days.
