Technical Snap of Stock: Dakshidin Corporation (OTC:DKSC)
Dakshidin Corporation (OTC:DKSC) STOCK MOVE:
Dakshidin Corporation (OTC:DKSC) stock has performed 14.29% and changed $0.0005 while share value reached at $0.004 in last trading session. At present, the stock 52 week high price sited at 0.009 and 52 week low situated at 0.0002. 5598756 shares traded on hands while it’s an average volume stands with 23705735 shares.
Dakshidin Corporation (OTC:DKSC)
VOLATILITY FACTOR:
Average true range percent (ATRP-14) measured at 0%. Volatility or average true range percent (ATRP 14) is the ATR expressed as a percentage of closing price. Average true range percent (ATRP) measures volatility on a relative level. This is opposed to the ATR, which measures volatility on an absolute level. ATRP allows securities to be compared whereas ATR does not. That means lower-priced stocks won’t necessarily have lower ATR values than higher-priced stocks. The Company’s beta coefficient sits at -32.30598. Beta factor measures the amount of market risk associated with market trade. Higher the beta discloses more riskiness and lower the beta lower the risk.
PROFITABILITY RATIOS:
The company’s net profit margin is 0.00%. It measures how much out of every dollar of sales a company actually keeps in earnings. Operating Margin is seen at 0.00%.
MARKET CAPITALIZATION AND VALAATION INDICATORS:
Dakshidin Corporation (OTC:DKSC) is United States based company. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year.
TECHNICAL OBSERVATION:
Now The company has RSI figure of 45.7. The Relative Strength Index (RSI) was developed by J. Welles Wilder, and it reading fluctuates between 0 and 100. The RSI is a momentum oscillator that measures the speed and change of stock price movements. Generally, the when RSI falls below 30 then stock considered to be oversold and overbought when it moves above 70. The normal reading of a stock will fall in the range of 30 to 70. RSI can be used to detect general trends as well as finding divergences and failure swings.
ADX value listed at 54.92. The values of ADX range from 0 to 100 and are also important for distinguishing between trends and non-trends. Many traders will use ADX readings above 25 to suggest that the trend’s strength is strong enough for trend trading strategies. Conversely, when ADX is below 25, many will avoid trend trading strategies.
