Bit Origin Ltd [NASDAQ: BTOG] loss -6.07% on the last trading session, reaching $0.17 price per share at the time.
If compared to the average trading volume of 42.25M shares, BTOG reached a trading volume of 10788095 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Trading performance analysis for BTOG stock
Bit Origin Ltd [BTOG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.50. With this latest performance, BTOG shares gained by 26.13% in over the last four-week period, additionally sinking by -90.29% over the last 6 months – not to mention a drop of -95.71% 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 BTOG stock in for the last two-week period is set at 44.76, with the RSI for the last a single of trading hit 43.12, and the three-weeks RSI is set at 43.42 for Bit Origin Ltd [BTOG]. The present Moving Average for the last 50 days of trading for this stock 0.2043, while it was recorded at 0.1818 for the last single week of trading, and 1.0982 for the last 200 days.
Bit Origin Ltd [BTOG]: A deeper dive into fundamental analysis
Bit Origin Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.04 and a Current Ratio set at 2.04.
