MicroAlgo Inc [NASDAQ: MLGO] price surged by 8.11 percent to reach at $0.3.
Guru’s Opinion on MicroAlgo Inc [MLGO]:
The Average True Range (ATR) for MicroAlgo Inc is set at 1.02 The Price to Book ratio for the last quarter was 0.46, with the Price to Cash per share for the same quarter was set at 6.69.
MLGO Stock Performance Analysis:
MicroAlgo Inc [MLGO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.61. With this latest performance, MLGO shares gained by 189.86% in over the last four-week period, additionally sinking by -39.72% over the last 6 months – not to mention a drop of -96.56% 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 MLGO stock in for the last two-week period is set at 56.37, with the RSI for the last a single of trading hit 54.76, and the three-weeks RSI is set at 55.76 for MicroAlgo Inc [MLGO]. The present Moving Average for the last 50 days of trading for this stock 2.56, while it was recorded at 4.22 for the last single week of trading, and 29.44 for the last 200 days.
Insight into MicroAlgo Inc Fundamentals:
MicroAlgo Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.55 and a Current Ratio set at 3.55.
