Market cap of SRIVARU Holding Ltd [SVMH] reaches 9.37M – now what?

SRIVARU Holding Ltd [NASDAQ: SVMH] closed the trading session at $0.86.

The stocks have a year to date performance of -59.38 percent and weekly performance of -72.33 percent. The stock has been moved at -92.21 percent over the last six months. The stock has performed -38.71 percent around the most recent 30 days and changed -78.62 percent over the most recent 3-months.

If compared to the average trading volume of 2.48M shares, SVMH reached to a volume of 67074064 in the most recent trading day, which is why market watchdogs consider the stock to be active.

SVMH stock trade performance evaluation

SRIVARU Holding Ltd [SVMH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -72.33. With this latest performance, SVMH shares dropped by -38.71% in over the last four-week period, additionally sinking by -92.21% over the last 6 months – not to mention a drop of -92.90% 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 SVMH stock in for the last two-week period is set at 40.88, with the RSI for the last a single of trading hit 37.65, and the three-weeks RSI is set at 42.18 for SRIVARU Holding Ltd [SVMH]. The present Moving Average for the last 50 days of trading for this stock 1.5383, while it was recorded at 1.1423 for the last single week of trading, and 5.7887 for the last 200 days.

SRIVARU Holding Ltd [SVMH]: Institutional Ownership