DIH Holding US Inc [DHAI] Is Currently 24.64 above its 200 Period Moving Avg: What Does This Mean?

HOOK Stock

DIH Holding US Inc [NASDAQ: DHAI] gained 24.64% or 0.05 points to close at $0.24 with a heavy trading volume of 4593677 shares.

The daily chart for DHAI points out that the company has recorded -81.79% loss over the past six months.

If we look at the average trading volume of 1.11M shares, DHAI reached to a volume of 4593677 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 DIH Holding US Inc [DHAI]:

The Average True Range (ATR) for DIH Holding US Inc is set at 0.04, with the Price to Sales ratio for DHAI stock in the period of the last 12 months amounting to 0.16. Price to Free Cash Flow for DHAI in the course of the last twelve months was 16.98 with Quick ratio for the last quarter at 0.26.

Trading performance analysis for DHAI stock

DIH Holding US Inc [DHAI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 33.20. With this latest performance, DHAI shares gained by 56.75% in over the last four-week period, additionally sinking by -81.79% over the last 6 months – not to mention a drop of -85.57% 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 DHAI stock in for the last two-week period is set at 58.29, with the RSI for the last a single of trading hit 69.95, and the three-weeks RSI is set at 48.89 for DIH Holding US Inc [DHAI]. The present Moving Average for the last 50 days of trading for this stock 0.2329, while it was recorded at 0.1931 for the last single week of trading, and 1.2244 for the last 200 days.

DIH Holding US Inc [DHAI]: A deeper dive into fundamental analysis

DIH Holding US Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.26 and a Current Ratio set at 0.44.

An analysis of Institutional ownership at DIH Holding US Inc [DHAI]

There are presently around $3.81%, or 7.69%% of DHAI stock, in the hands of institutional investors.