Bright Health Group Inc Shares Close the Day 10.5% Lower - Daily Wrap

The company saw its shares close the day 10.5% lower than yesterday, with trading volume lower than its 30 day average.

Nov 29, 2021 by Kwhen Finance Editors

Bright Health Group Inc Shares Close the Day 10.5% Lower - Daily Wrap
Bright Health Group Inc (BHG) shares closed today 10.5% lower than it did at the end of yesterday. The stock is currently down 77.6% year-to-date, down 77.6% over the past 12 months, and down 77.6% over the past five years. Today, the Dow Jones Industrial Average rose 0.6%, and the S&P 500 rose 1.2%.

Trading Activity

  • Shares traded as high as $4.19 and as low as $3.61 this week.
  • Shares closed 81.4% below its 52-week high and 7.5% below its 52-week low.
  • Trading volume this week was 33.5% lower than the 10-day average and 55.1% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.

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.

Market Comparative Performance

  • The company's share price lags the S&P 500 Index today, lags 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 today, lags it on a 1-year basis, and lags it on a 5-year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Bright Health Group Inc-10.5-77.6-77.6-78.66.4
Dow Jones Industrial Average0.615.918.6-3.421.7
S&P 500 Index1.224.028.0-2.031.0
Technology Industry-7.8-61.1-67.9-70.69.5

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