Boqii Holding Limited ADR (AMEX:BQ) price closed lower on Friday, May 24, dropping -14.66% below its previous close.
A look at the daily price movement shows that the last close reads $0.47. Taking into account the 52-week price action we note that the stock hit a 52-week high of $7.00 and 52-week low of $0.22. The stock added 41.79% on its value in the past month.
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Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give BQ a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
The overview shows that BQ’s price is at present 14.10% off the SMA20 and 36.86% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 59.30, with weekly volatility standing at 22.08%. The indicator jumps to 16.41% when calculated based on the past 30 days. Boqii Holding Limited ADR (AMEX:BQ)’s beta value is holding at 0.96, while the average true range (ATR) indicator is currently reading 0.05.
An analysis of the Boqii Holding Limited ADR (AMEX:BQ) stock in terms of its daily trading volume indicates that the 3-month average is 394.92K.
Current records show that the company has 5.20M in outstanding shares. The insiders’ percentage holdings are 13.09% of outstanding shares while the percentage share held by institutions stands at 3.15%. But the -13.33% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
