VCI Global Ltd (VCIG): The stock short term indicators tell us to Sell today

VCI Global Ltd (VCIG) saw an uptrend of 2.16% in the recent trading with $0.15 being its most recent. The current price level -96.61% lower than the highest price of $4.29 marked by the stock while trading over the past 52-weeks, whereas it is 28.28% higher than the lowest price of $0.11 the company dropped to over past 52-weeks. The latest news story on VCIG appeared in (ACCESSWIRE) under the title “Investor Summit August 2024 Presentations Now Accessible for On-Demand Viewing”.

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Squeezing the time span to 30 day period shows us the stock is currently trading -42.68% below one month high and is +28.28% above of the lowest during that time. Looking into the simple moving average, VCI Global Ltd (VCIG)’s stock stands at a SMA-50 of $0.2507 while that of 5-day is reading $0.1372.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and VCIG’s SMA-200 as of now is $0.9404.

VCI Global Ltd Earnings – What Happened With VCIG

Coming around sales and income figures on VCIG Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

VCIG – VCI Global Ltd Stock Earnings Estimates

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 86.04 million. VCIG does have institutional investors; and they hold 0.09% of the stock.

VCI Global Ltd – Insider Activity and Holdings

Technical Analysis of VCI Global Ltd (NASDAQ:VCIG) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for VCI Global Ltd (VCIG), we notice that the stock’s 20-day average volume is at 7,389,035 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 3,975,830 shares. And to end, VCIG’s 100-day average volume is 2,216,352 shares with 100% of the long-term indicators pointing towards Sell for the stock.