NWTN Inc [NASDAQ: NWTN] gained 23.00% on the last trading session, reaching $0.40 price per share at the time.
If compared to the average trading volume of 126.76K shares, NWTN reached a trading volume of 21705044 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Trading performance analysis for NWTN stock
NWTN Inc [NWTN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.93. With this latest performance, NWTN shares dropped by -24.13% in over the last four-week period, additionally sinking by -39.24% over the last 6 months – not to mention a drop of -94.59% 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 NWTN stock in for the last two-week period is set at 43.81, with the RSI for the last a single of trading hit 48.44, and the three-weeks RSI is set at 41.99 for NWTN Inc [NWTN]. The present Moving Average for the last 50 days of trading for this stock 0.5405, while it was recorded at 0.3424 for the last single week of trading, and 0.8664 for the last 200 days.
An analysis of Institutional ownership at NWTN Inc [NWTN]
There are presently around $0.27%, or 0.27%% of NWTN stock, in the hands of institutional investors.
