ATIF Holdings Limited (ATIF) Surged 3.05%, Can Traders Take Benefit?

ATIF Holdings Limited (ATIF) share price soared 3.05% with the closing price of $1.35 on Thursday. ATIF Holdings Limited stock has an exchanging volume of 6.75 million shares, which is high, contrasted with its 3-months average volume of 565.66K shares. Its market capitalization has now reached to $62.96M.

ATIF Holdings Limited Signs Strategic Collaboration with the Industry and Information Technology Bureau of Dongshan County in Fujian Province on October 15, 2020 news published at Yahoo.

ATIF Holdings Limited (ATIF) reported that through its viable interest entity, Qianhai Asia Times (Shenzhen) International Finance Services Co. Ltd., it signed a strategic collaboration agreement on October 11, 2020 with the Industry and Information Technology Bureau of Dongshan County in Fujian Province (“Dongshan IITB”), to target the Dongshan-based enterprises as potential clients for the Company, for its financial consulting and overseas listing advisory services.

Based on the strategic collaboration, Dongshan IITB will be responsible for organizing financial forums, salons and exchange activities for the local enterprises to connect with ATIF. ATIF will provide its professional services such as investment and financing consulting, connection of investment institutions and overseas listing advisory to the companies selected by Dongshan IITB.

ATIF 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, ATIF price has rose by 14.41%. In the course of past three months sees the stock go down around -28.19%, while it has lost -40.27% over the past six months and -30.77% since the start of the year.

ATIF Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on ATIF Holdings Limited has seen its stock exchanging -33.82% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +35.00% above its three-month low. A more extensive look sees ATIF exchanging -64.00% beneath its 52-week high and 35.00% above from its 52-week low price.

ATIF 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 11.71%, while it has a month to month instability of 9.13%. The company has an ATR (Average True Range) of 0.11.

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