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The Significance of Moving Averages in Aclarion Inc Inc. (ACON) 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 -86.40% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -91.55%. Over the past 30 days, the price of ACON has fallen by 34.16%. And in the last five days, it has surged by 46.58%.

Aclarion Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $25.60 on 06/08/23, while the lowest value for the same period was recorded at $0.27 on 02/26/24.

52-week price history of ACON Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Aclarion Inc’s current trading price is -98.30% away from its 52-week high, while its distance from the 52-week low is 63.12%. The stock’s price range during this period has varied between$0.27 and $25.60. The Aclarion Inc’s shares, which operate in the Healthcare, saw a trading volume of around 104.29 million for the day, a figure considerably higher than their average daily volume of 1.44 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Aclarion Inc (ACON) has experienced a quarterly decline of -76.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.11M and boasts a workforce of 4 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 1.8363, with a change in price of -3.8839. Similarly, Aclarion Inc recorded 2,337,690 in trading volume during the last 100 days, posting a change of -89.91%.

ACON Stock Stochastic Average

Aclarion Inc’s raw stochastic average for the past 50 days is presently 10.56%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 39.46%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 19.37% and 11.48%, respectively.