Wellchange Holdings Co. Ltd [NASDAQ: WCT] gained 27.72% or 0.08 points to close at $0.37 with a heavy trading volume of 35300511 shares.
It opened the trading session at $0.27, the shares rose to $0.5 and dropped to $0.2585, the range by which the price of stock traded the whole day. The daily chart for WCT points out that the company has recorded 56.91% gains over the past six months.
If we look at the average trading volume of 1.35M shares, WCT reached to a volume of 35300511 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Trading performance analysis for WCT stock
Wellchange Holdings Co. Ltd [WCT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 42.36. With this latest performance, WCT shares gained by 78.66% in over the last four-week period, additionally plugging by 56.91% over the last 6 months – not to mention a drop of -61.46% 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 WCT stock in for the last two-week period is set at 86.36, with the RSI for the last a single of trading hit 0.0455, and the three-weeks RSI is set at 0.0306 for Wellchange Holdings Co. Ltd [WCT]. The present Moving Average for the last 50 days of trading for this stock 0.2220, while it was recorded at 0.2866 for the last single week of trading, and 0.7588 for the last 200 days.
Wellchange Holdings Co. Ltd (WCT) Capital Structure & Debt Analysis
Wellchange Holdings Co. Ltd (WCT) Efficiency & Liquidity Metrics
Wellchange Holdings Co. Ltd (WCT) Efficiency & Liquidity Metrics
An analysis of Institutional ownership at Wellchange Holdings Co. Ltd [WCT]
There are presently around $0.52%, or 0.86%% of WCT stock, in the hands of institutional investors.
