Zoomcar Holdings Inc [ZCAR] Is Currently -22.36 below its 200 Period Moving Avg: What Does This Mean?

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Zoomcar Holdings Inc [NASDAQ: ZCAR] slipped around -0.93 points on Thursday, while shares priced at $3.23 at the close of the session, down -22.36%.

Compared to the average trading volume of 97.79K shares, ZCAR reached a trading volume of 202544 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Zoomcar Holdings Inc [ZCAR]?

The Average True Range (ATR) for Zoomcar Holdings Inc is set at 1.20, with the Price to Sales ratio for ZCAR stock in the period of the last 12 months amounting to 0.25.

How has ZCAR stock performed recently?

Zoomcar Holdings Inc [ZCAR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.58. With this latest performance, ZCAR shares dropped by -47.38% in over the last four-week period, additionally sinking by -98.77% over the last 6 months – not to mention a drop of -99.49% 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 ZCAR stock in for the last two-week period is set at 34.61, with the RSI for the last a single of trading hit 37.83, and the three-weeks RSI is set at 34.06 for Zoomcar Holdings Inc [ZCAR]. The present Moving Average for the last 50 days of trading for this stock 9.30, while it was recorded at 3.42 for the last single week of trading, and 140.02 for the last 200 days.

Zoomcar Holdings Inc [ZCAR]: Deeper insight into the fundamentals

Zoomcar Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.13 and a Current Ratio set at 0.13.

Insider trade positions for Zoomcar Holdings Inc [ZCAR]

There are presently around $0.58%, or 0.62%% of ZCAR stock, in the hands of institutional investors.