Solidion Technology Inc [STI] moved up 8.39: Why It’s Important

Solidion Technology Inc [NASDAQ: STI] stock went on an upward path that rose over 8.39% on Thursday, amounting to a one-week price increase of more than 23.44%.

Over the last 12 months, STI stock dropped by -91.89%.

The market cap for the stock reached $15.09 million, with 131.70 million shares outstanding and 66.04 million shares in the current float. Compared to the average trading volume of 13.37M shares, STI stock reached a trading volume of 9905553 in the most recent trading day, which is why market watchdogs consider the stock to be active.

STI Stock Performance Analysis:

Solidion Technology Inc [STI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 23.44. With this latest performance, STI shares dropped by -17.15% in over the last four-week period, additionally sinking by -68.89% over the last 6 months – not to mention a drop of -91.89% 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 44.06, with the RSI for the last a single of trading hit 51.00, and the three-weeks RSI is set at 40.61 for Solidion Technology Inc [STI]. The present Moving Average for the last 50 days of trading for this stock 0.1893, while it was recorded at 0.1016 for the last single week of trading, and 0.3578 for the last 200 days.

Insight into Solidion Technology Inc Fundamentals:

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

Solidion Technology Inc [STI] Institutonal Ownership Details

There are presently around $17.21%, or 34.50%% of STI stock, in the hands of institutional investors.