Zapp Electric Vehicles Group Ltd [NASDAQ: ZAPP] gained 36.89% on the last trading session, reaching $1.41 price per share at the time.
If compared to the average trading volume of 145.74K shares, ZAPP reached a trading volume of 23003679 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Zapp Electric Vehicles Group Ltd [ZAPP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ZAPP shares is $35.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ZAPP stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Trading performance analysis for ZAPP stock
Zapp Electric Vehicles Group Ltd [ZAPP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 29.36. With this latest performance, ZAPP shares gained by 8.46% in over the last four-week period, additionally sinking by -85.17% over the last 6 months – not to mention a drop of -98.68% 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 ZAPP stock in for the last two-week period is set at 59.61, with the RSI for the last a single of trading hit 70.87, and the three-weeks RSI is set at 51.47 for Zapp Electric Vehicles Group Ltd [ZAPP]. The present Moving Average for the last 50 days of trading for this stock 1.4186, while it was recorded at 1.1320 for the last single week of trading, and 3.3385 for the last 200 days.
