NWTN Inc [NASDAQ: NWTN] stock went on an upward path that rose over 76.47% on Wednesday, amounting to a one-week price increase of more than 72.49%.
Over the last 12 months, NWTN stock dropped by -67.57%.
The market cap for the stock reached $350.65 million, with 252.92 million shares outstanding and 248.76 million shares in the current float. Compared to the average trading volume of 581.06K shares, NWTN stock reached a trading volume of 13958431 in the most recent trading day, which is why market watchdogs consider the stock to be active.
NWTN Stock Performance Analysis:
NWTN Inc [NWTN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 72.49. With this latest performance, NWTN shares gained by 215.79% in over the last four-week period, additionally plugging by 10.09% over the last 6 months – not to mention a drop of -67.57% 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 NWTN stock in for the last two-week period is set at 83.37, with the RSI for the last a single of trading hit 87.46, and the three-weeks RSI is set at 78.62 for NWTN Inc [NWTN]. The present Moving Average for the last 50 days of trading for this stock 0.4528, while it was recorded at 0.7594 for the last single week of trading, and 0.7674 for the last 200 days.
NWTN Inc [NWTN] Institutonal Ownership Details
There are presently around $0.21%, or 0.21%% of NWTN stock, in the hands of institutional investors.
