Lytus Technologies Holdings PTV Ltd [NASDAQ: LYT] surged by $0.14 during the normal trading session on while it closed the day at $0.36.
Lytus Technologies Holdings PTV Ltd stock has also gained 41.29% of its value over the past 7 days. However, LYT stock has declined by -79.78% in the 3 months of the year. Over the past six months meanwhile, it has lost -83.18% and lost -57.09% year-on date.
The market cap for LYT stock reached $8.22 million, with 3.04 million shares outstanding and 1.77 million shares in the current float. Compared to the average trading volume of 1.94M shares, LYT reached a trading volume of 214221523 in the most recent trading day, which is why market watchdogs consider the stock to be active.
LYT stock trade performance evaluation
Lytus Technologies Holdings PTV Ltd [LYT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 41.29. With this latest performance, LYT shares dropped by -50.00% in over the last four-week period, additionally sinking by -83.18% over the last 6 months – not to mention a drop of -91.12% 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 LYT stock in for the last two-week period is set at 34.29, with the RSI for the last a single of trading hit 42.19, and the three-weeks RSI is set at 31.46 for Lytus Technologies Holdings PTV Ltd [LYT]. The present Moving Average for the last 50 days of trading for this stock 0.7730, while it was recorded at 0.2708 for the last single week of trading, and 1.7901 for the last 200 days.