Trident Digital Tech Holdings Ltd. ADR (NASDAQ:TDTH) price is hovering lower on current market day and dropping -13.40% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $2.65, with intraday deals fluctuating between $2.03 and $2.57. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.74 and 52-week low of $1.63. The stock subtracted -15.00% on its value in the past month.
Trident Digital Tech Holdings Ltd. ADR, which has a market valuation of $129.67 million, is expected to release its quarterly earnings report in January.
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.
The overview shows that TDTH’s price is at present -4.19% off the SMA20 and -19.49% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 45.70, with weekly volatility standing at 29.96%. The indicator jumps to 17.81% when calculated based on the past 30 days. Trident Digital Tech Holdings Ltd. ADR (NASDAQ:TDTH)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.44.
An analysis of the Trident Digital Tech Holdings Ltd. ADR (NASDAQ:TDTH) stock in terms of its daily trading volume indicates that the 3-month average is 96.25K. However, this figure increases on the past 10-day timeline to an average of 82140.0.
Current records show that the company has 56.50M in outstanding shares. The percentage share held by institutions stands at 0.04%. The stats also highlight that short interest as of 2024-10-31, stood at 85055.0 shares, which puts the short ratio at the time at 1.58. From this we can glean that short interest is 39.00 of company’s current outstanding shares. Notably, we see that shares short in October rose slightly given the previous month’s figure stood at 8970.0. But the -40.08% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.