Mullen Automotive Inc [NASDAQ: MULN] price plunged by -12.25 percent to reach at -$0.02.
The one-year MULN stock forecast points to a potential upside of 99.2.
Guru’s Opinion on Mullen Automotive Inc [MULN]:
The Average True Range (ATR) for Mullen Automotive Inc is set at 0.10, with the Price to Sales ratio for MULN stock in the period of the last 12 months amounting to 11.17.
MULN Stock Performance Analysis:
Mullen Automotive Inc [MULN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.80. With this latest performance, MULN shares dropped by -56.79% in over the last four-week period, additionally sinking by -99.47% over the last 6 months – not to mention a drop of -99.97% 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 MULN stock in for the last two-week period is set at 27.54, with the RSI for the last a single of trading hit 29.06, and the three-weeks RSI is set at 27.06 for Mullen Automotive Inc [MULN]. The present Moving Average for the last 50 days of trading for this stock 0.8721, while it was recorded at 0.2418 for the last single week of trading, and 112.4168 for the last 200 days.
Insight into Mullen Automotive Inc Fundamentals:
Mullen Automotive Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.14 and a Current Ratio set at 0.34.
Mullen Automotive Inc [MULN] Institutonal Ownership Details
There are presently around $9.96%, or 12.45%% of MULN stock, in the hands of institutional investors.
