Market cap of Solidion Technology Inc [STI] reaches 18.29M – now what?

GBS Stock

Solidion Technology Inc [NASDAQ: STI] closed the trading session at $0.14.

The stocks have a year to date performance of -80.18 percent and weekly performance of 6.48 percent. The stock has been moved at -60.04 percent over the last six months. The stock has performed -67.88 percent around the most recent 30 days and changed -67.04 percent over the most recent 3-months.

If compared to the average trading volume of 14.87M shares, STI reached to a volume of 7479897 in the most recent trading day, which is why market watchdogs consider the stock to be active.

STI stock trade performance evaluation

Solidion Technology Inc [STI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.48. With this latest performance, STI shares dropped by -67.88% in over the last four-week period, additionally sinking by -60.04% over the last 6 months – not to mention a drop of -88.95% 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 29.09, with the RSI for the last a single of trading hit 27.34, and the three-weeks RSI is set at 32.62 for Solidion Technology Inc [STI]. The present Moving Average for the last 50 days of trading for this stock 0.3892, while it was recorded at 0.1461 for the last single week of trading, and 0.5106 for the last 200 days.

Solidion Technology Inc [STI]: An insightful look at the core fundamentals

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.

Solidion Technology Inc [STI]: Institutional Ownership

There are presently around $18.93%, or 42.26%% of STI stock, in the hands of institutional investors.