Rodgers Silicon Valley Acquisition Corp. (RSVA) can’t be written off after posting last 3-months Average volume of 109.30K

Let’s start up with the current stock price of Rodgers Silicon Valley Acquisition Corp. (RSVA), which is $20.80 to be very precise. The Stock rose vividly during the last session to $28.50 after opening rate of $20.00 while the lowest price it went was recorded $19.00 before closing at $15.75.

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Recently in News on February 23, 2021, SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Rodgers Silicon Valley Acquisition Corp. (NASDAQ:RSVA). Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Rodgers Silicon Valley Acquisition Corp. (“RSVA” or the “Company”) (NASDAQ:RSVA) for possible breaches of fiduciary duty and other violations of federal and state law in connection with a merger agreement pursuant to which RSVA, a special purpose acquisition company, will combine with Enovix Corporation (“Enovix”), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, and result in Enovix becoming a publicly-listed company. Under the terms of the agreement, RSVA shareholders will retain ownership of only 16% of the combined company. You can read further details here


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Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Rodgers Silicon Valley Acquisition Corp. shares are logging 3.69% during the 52-week period from high price, and 76.42% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $11.79 and $20.06.

The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 20197783 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Rodgers Silicon Valley Acquisition Corp. (RSVA) recorded performance in the market was 65.74%. At the time of this writing, the total market value of the company is set at 598.00M.

Market experts do have their say about Rodgers Silicon Valley Acquisition Corp. (RSVA)

Technical breakdown of Rodgers Silicon Valley Acquisition Corp. (RSVA)

In the last 20 days, the company’s Stochastic %K was 63.94% and its Stochastic %D was recorded 70.67%.

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Bearing in mind the latest performance of Rodgers Silicon Valley Acquisition Corp., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 65.74%. The shares 32.06% in the 7-day charts and went down by 43.45% in the period of the last 30 days.

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