Solidion Technology Inc [NASDAQ: STI] gained 17.92% or 0.07 points to close at $0.46 with a heavy trading volume of 25715126 shares.
The daily chart for STI points out that the company has recorded 14.68% gains over the past six months.
If we look at the average trading volume of 6.67M shares, STI reached to a volume of 25715126 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Trading performance analysis for STI stock
Solidion Technology Inc [STI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.20. With this latest performance, STI shares dropped by -42.75% in over the last four-week period, additionally plugging by 14.68% over the last 6 months – not to mention a drop of -92.01% 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 STI stock in for the last two-week period is set at 49.20, with the RSI for the last a single of trading hit 51.20, and the three-weeks RSI is set at 49.30 for Solidion Technology Inc [STI]. The present Moving Average for the last 50 days of trading for this stock 0.4762, while it was recorded at 0.4106 for the last single week of trading, and 0.7691 for the last 200 days.
Solidion Technology Inc [STI]: A deeper dive into fundamental analysis
Solidion Technology Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.08 and a Current Ratio set at 0.08.
An analysis of Institutional ownership at Solidion Technology Inc [STI]
There are presently around $16.21%, or 36.19%% of STI stock, in the hands of institutional investors.
