DatChat Inc (DATS): The stock short term indicators say Buy today

DatChat Inc (DATS) saw an uptrend of 355.61% in the recent trading with $8.93 being its most recent. The current price level 116.23% lower than the highest price of $4.13 marked by the stock while trading over the past 52-weeks, whereas it is 784.16% higher than the lowest price of $1.01 the company dropped to over past 52-weeks. The latest news story on DATS appeared in (GlobeNewswire) under the title “DatChat Awarded New U.S. Patent for its Blockchain-Based Communications Systems and Methods”.

Squeezing the time span to 30 day period shows us the stock is currently trading -4.39% below one month high and is +454.66% above of the lowest during that time. Looking into the simple moving average, DatChat Inc (DATS)’s stock stands at a SMA-50 of $2.0200 while that of 5-day is reading $3.2900.

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 DATS’s SMA-200 as of now is $1.5000.

DatChat Inc Earnings – What Happened With DATS

Coming around sales and income figures on DATS 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.

DATS – DatChat Inc 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 3.01 million. DATS does have institutional investors; and they hold 4.61% of the stock.

DatChat Inc – Insider Activity and Holdings

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, DatChat Inc has a debt to equity ratio of 0.00.

Technical Analysis of DatChat Inc (NASDAQ:DATS) 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 DatChat Inc (DATS), we notice that the stock’s 20-day average volume is at 10,655,380 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 5,696,860 shares. And to end, DATS’s 100-day average volume is 2,884,362 shares with 100% of the long-term indicators pointing towards Buy for the stock.