Luokung Technology Corp. Shares Close the Day 55.7% Higher - Daily Wrap

The company saw its shares close the day 55.7% higher than yesterday, with trading volume lower than its 30 day average.

Mar 15, 2021 by Kwhen Finance Editors

Luokung Technology Corp. Shares Close the Day 55.7% Higher - Daily Wrap
Luokung Technology Corp. shares closed today 55.7% higher than it did at the end of yesterday. The stock is currently up 142.6% year-to-date, up 164.0% over the past 12 months, and down 83.5% over the past five years. Today, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 0.6%.

Trading Activity

  • Shares traded as high as $1.66 and as low as $0.69 this week.
  • Shares closed 6e+1% below its 52-week high and 4e+2% above its 52-week low.
  • Trading volume this week was 60.3% lower than the 10-day average and 66.6% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.2.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
  • 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 beats the S&P 500 Index today, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average today, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company share price beats the performance of its peers in the Information Technology industry sector today, 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 %
Luokung Technology Corp.55.7142.6164.0
Dow Jones Industrial Average0.57.644.40.284.0
S&P 500 Index0.65.449.0-0.383.0
Information Technology1.21.765.6-7.598.9

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