Solidion Technology Inc [NASDAQ: STI] loss -2.78% or 0.0 points to close at $0.13 with a heavy trading volume of 7617615 shares.
The daily chart for STI points out that the company has recorded -60.26% loss over the past six months.
If we look at the average trading volume of 4.59M shares, STI reached to a volume of 7617615 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] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -22.78. With this latest performance, STI shares dropped by -68.84% in over the last four-week period, additionally sinking by -60.26% over the last 6 months – not to mention a drop of -82.94% 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 22.75, with the RSI for the last a single of trading hit 16.09, and the three-weeks RSI is set at 29.03 for Solidion Technology Inc [STI]. The present Moving Average for the last 50 days of trading for this stock 0.4296, while it was recorded at 0.1373 for the last single week of trading, and 0.5518 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.
