DigiAsia Corp [NASDAQ: FAAS] gained 83.24% or 0.17 points to close at $0.36 with a heavy trading volume of 621087582 shares.
The daily chart for FAAS points out that the company has recorded -50.01% loss over the past six months.
If we look at the average trading volume of 1.01M shares, FAAS reached to a volume of 621087582 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Trading performance analysis for FAAS stock
DigiAsia Corp [FAAS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 65.26. With this latest performance, FAAS shares gained by 80.45% in over the last four-week period, additionally sinking by -50.01% over the last 6 months – not to mention a drop of -95.97% 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 FAAS stock in for the last two-week period is set at 66.16, with the RSI for the last a single of trading hit 76.11, and the three-weeks RSI is set at 58.29 for DigiAsia Corp [FAAS]. The present Moving Average for the last 50 days of trading for this stock 0.2854, while it was recorded at 0.2296 for the last single week of trading, and 0.8216 for the last 200 days.
