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

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price decrease of -61.85%. However, over the past six months, we’ve seen a stronger performance of -79.63%. The price of WISA fallen by 57.04% over the last 30 days. And in the last five days, it has surged by 193.42%.

WiSA Technologies Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $402.00 on 05/15/23, while the lowest price for the same duration was marked at $1.66 on 04/15/24.

52-week price history of WISA Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. WiSA Technologies Inc’s current trading price is -98.34% away from its 52-week high, while its distance from the 52-week low is 302.99%. The stock’s price range during this period has varied between$1.66 and $402.00. The WiSA Technologies Inc’s shares, which operate in the Technology, saw a trading volume of around 20.68 million for the day, a figure considerably higher than their average daily volume of 4.73 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

WiSA Technologies Inc (WISA) has experienced a quarterly decline of -58.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.77M and boasts a workforce of 46 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 11.39, with a change in price of -11.88. Similarly, WiSA Technologies Inc recorded 3,181,318 in trading volume during the last 100 days, posting a change of -62.77%.

WISA Stock Stochastic Average

As of today, WiSA Technologies Inc’s raw stochastic average for the last 50 days stands at 48.71%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 57.99%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 61.74% and 58.35%, respectively.