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ACON’s Market Quandary: Decoding the Ups and Downs of 2023

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -87.19% this year. Over the last six months, there has been a stronger performance of -92.13%. The price of ACON fallen by 2.94% during the last 30 days period. For the last 5-days stocks have improved 16.51%.

Aclarion Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $37.92 on 04/24/23, and the lowest price during that time was $0.27, recorded on 02/26/24.

52-week price history of ACON Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Aclarion Inc’s current trading price is -98.92% away from its 52-week high, while its distance from the 52-week low is 53.67%. The stock’s price range over this timeframe has been between $0.27 and $37.92. The shares of the Healthcare sector company recorded a trading volume of approximately 3.24 million for the day, which was comparatively higher than the average daily volume of 1.93 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Aclarion Inc (ACON) has experienced a quarterly decline of -88.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.93M and boasts a workforce of 4 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.6594, with a change in price of -4.9068. Similarly, Aclarion Inc recorded 1,278,943 in trading volume during the last 100 days, posting a change of -92.29%.

ACON Stock Stochastic Average

The raw stochastic average for Aclarion Inc over the last 50 days is presently at 4.00%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 55.56%. Further, the company’s Stochastic %K and %D values for the last 20 days were 25.74% and 14.39%, respectively.