Graphjet Technology [NASDAQ: GTI] jumped around 0.38 points on Tuesday, while shares priced at $0.61 at the close of the session, up 168.72%.
Compared to the average trading volume of 718.57K shares, GTI reached a trading volume of 265472685 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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How has GTI stock performed recently?
Graphjet Technology [GTI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.34. With this latest performance, GTI shares dropped by -82.09% in over the last four-week period, additionally sinking by -88.20% over the last 6 months – not to mention a drop of -95.35% 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 GTI stock in for the last two-week period is set at 30.71, with the RSI for the last a single of trading hit 32.79, and the three-weeks RSI is set at 34.32 for Graphjet Technology [GTI]. The present Moving Average for the last 50 days of trading for this stock 2.1692, while it was recorded at 0.3554 for the last single week of trading, and 4.4318 for the last 200 days.
Graphjet Technology [GTI]: Deeper insight into the fundamentals
Graphjet Technology’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.17 and a Current Ratio set at 0.17.
