Graphex Group Limited ADR (AMEX:GRFX) price closed higher on Monday, May 06, jumping 31.52% above its previous close.
A look at the daily price movement shows that the last close reads $0.23. Taking into account the 52-week price action we note that the stock hit a 52-week high of $1.94 and 52-week low of $0.20. The stock added 16.96% on its value in the past month.
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 GRFX a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that GRFX’s price is at present 28.18% off the SMA20 and -7.07% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 57.08, with weekly volatility standing at 21.37%. The indicator jumps to 19.44% when calculated based on the past 30 days. Graphex Group Limited ADR (AMEX:GRFX)’s beta value is holding at 1.61, while the average true range (ATR) indicator is currently reading 0.05.
An analysis of the Graphex Group Limited ADR (AMEX:GRFX) stock in terms of its daily trading volume indicates that the 3-month average is 140.50K.
Current records show that the company has 44.93M in outstanding shares. The percentage share held by institutions stands at 5.91%. But the -65.53% 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.
