Color Star Technology Co Ltd Shares Close the Week 24.8% Lower - Weekly Wrap

The company saw its shares close the week 24.8% lower than last week, with trading volume lower than its 30 day average.

Apr 09, 2021 by Kwhen Finance Editors

Color Star Technology Co Ltd Shares Close the Week 24.8% Lower - Weekly Wrap
Color Star Technology Co Ltd shares closed this week 24.8% lower than it did at the end of last week. The stock is currently up 76.1% year-to-date, up 222.2% over the past 12 months, and down 42.3% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.7%.

Trading Activity

  • Shares traded as high as $1.76 and as low as $1.22 this week.
  • Shares closed 5e+1% below its 52-week high and 3e+2% above its 52-week low.
  • Trading volume this week was 38.4% lower than the 10-day average and 85.5% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at -0.2.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.
  • The stock closed at 14.8% lower than its 5-day moving average, 5.2% lower than its 20-day moving average, and 37.9% higher than its 90-day moving average.

Market Comparative Performance

  • The company's share price lags the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Color Star Technology Co Ltd-10.176.1222.2-46.1362.6
Dow Jones Industrial Average0.811.045.3-0.749.9
S&P 500 Index0.710.450.3-0.852.9
Technology Industry-2.9-30.6-86.1-86.34.1

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