Ignyte Acquisition Corp Shares Near 52-Week High - Market Mover

The shares closed 1.7% below its 52-week high of $9.87, with trading volume higher than its 30 day average

Mar 24, 2021 by Kwhen Finance Editors

Ignyte Acquisition Corp Shares Near 52-Week High - Market Mover
Ignyte Acquisition Corp shares closed today at 1.7% below its 52 week high of $9.87, giving the company a market cap of $70M. The stock is currently up 0.2% year-to-date, up 0.2% over the past 12 months, and up 0.2% over the past five years. This week, the Dow Jones Industrial Average fell 0.8%, and the S&P 500 fell 2.1%.

Trading Activity

  • Trading volume this week was 59.7% higher than the 20-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 between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed above its Bollinger band, indicating it may be overbought.

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , 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 %
Ignyte Acquisition Corp-0.20.20.2
Dow Jones Industrial Average0.77.156.9-2.958.9
S&P 500 Index0.64.061.9-2.760.8
Technology Industry0.2-7.6-88.2-87.419.9

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