Kaixin Auto Holdings (KXIN) Closed at $1.98, with 266.67% Gain on Wednesday

Kaixin Auto Holdings (KXIN) share price soared 266.67% with the closing price of $1.98 on Wednesday. Kaixin Auto Holdings stock has an exchanging volume of 60.19 million shares, which is high, contrasted with its 3-months average volume of 153.43K shares. Its market capitalization has now reached to $119.31M.

KXIN Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, KXIN price has rose by 296.00%. In the course of past three months sees the stock go up around 135.74%, while it has gain 105.67% over the past six months and 5.88% since the start of the year.

KXIN Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Kaixin Auto Holdings has seen its stock exchanging -9.59% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +394.88% above its three-month low. A more extensive look sees KXIN exchanging -5.26% beneath its 52-week high and 394.88% above from its 52-week low price.

KXIN Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 65.36%, while it has a month to month instability of 25.18%. The company has an ATR (Average True Range) of 0.17.

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