Bon Natural Life Ltd [NASDAQ: BON] loss -10.26% or -0.08 points to close at $0.74 with a heavy trading volume of 20348566 shares.
The daily chart for BON points out that the company has recorded -51.28% loss over the past six months.
If we look at the average trading volume of 164.44K shares, BON reached to a volume of 20348566 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Bon Natural Life Ltd [BON]:
The Average True Range (ATR) for Bon Natural Life Ltd is set at 0.25, with the Price to Sales ratio for BON stock in the period of the last 12 months amounting to 0.13. The Price to Book ratio for the last quarter was 0.07, with the Price to Cash per share for the same quarter was set at 0.16.
Trading performance analysis for BON stock
Bon Natural Life Ltd [BON] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -18.25. With this latest performance, BON shares dropped by -42.46% in over the last four-week period, additionally sinking by -51.28% over the last 6 months – not to mention a drop of -83.57% 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 BON stock in for the last two-week period is set at 32.08, with the RSI for the last a single of trading hit 30.50, and the three-weeks RSI is set at 33.81 for Bon Natural Life Ltd [BON]. The present Moving Average for the last 50 days of trading for this stock 1.3001, while it was recorded at 0.9127 for the last single week of trading, and 1.7274 for the last 200 days.
Bon Natural Life Ltd [BON]: A deeper dive into fundamental analysis
Bon Natural Life Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.44 and a Current Ratio set at 2.42.
