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The Significance of Moving Averages in Biosig Technologies Inc Inc. (BSGM) Price Performance

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -86.08% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -86.89%. Over the past 30 days, the price of BSGM has leaped by -11.87%. And in the last five days, it has surged by 24.72%.

Biosig Technologies Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $16.50 on 05/25/23, while the lowest value for the same period was recorded at $0.26 on 02/22/24.

52-week price history of BSGM Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Biosig Technologies Inc’s current trading price is -95.99% away from its 52-week high, while its distance from the 52-week low is 152.39%. The stock’s price range during this period has varied between$0.26 and $16.50. The Biosig Technologies Inc’s shares, which operate in the Healthcare, saw a trading volume of around 0.27 million for the day, a figure considerably lower than their average daily volume of 0.34 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Biosig Technologies Inc (BSGM) has experienced a quarterly decline of -86.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.17M and boasts a workforce of 47 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.2982, with a change in price of -3.9390. Similarly, Biosig Technologies Inc recorded 228,790 in trading volume during the last 100 days, posting a change of -85.63%.

BSGM Stock Stochastic Average

Biosig Technologies Inc’s raw stochastic average for the past 50 days is presently 14.27%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 65.34%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 51.17% and 37.22%, respectively.