Dubai Taxi Company PJSC: Stock Price Analysis and Technical Indicators
By KlickAnalytics Data Insights | August 2, 2024 07:49AM ET
Pricing Analysis on Dubai Taxi Company PJSC
The current price of Dubai Taxi Company PJSC is 2.25 with a 1-day change of 0.03, resulting in a 1-day return of 1.35%. The volume stands at 1845188 shares. In the past week, the stock has seen a return of -3.02%, while in the last month, it has gained 5.14%. Over the last 3 months, the stock has shown a return of 4.65%. The stock is in a price rally, trading upwards for the last 1 day.
The close price to open price change is -0.88%, indicating a bearish sentiment. Similarly, the close price to high price change is also -0.88%, showing a bearish sentiment. However, the close price to low price change is 0.90%, suggesting a bullish sentiment. The close price to the previous day's open price remained unchanged at 0.00%, showing a neutral sentiment.
The highest price in the last month was 2.35, recorded on 2024-07-25 (8 days ago), while the lowest price was 2.07, noted on 2024-07-01 (32 days ago). The current price is -4.26% lower than the 1-month high price and 8.70% higher than the 1-month low price.
Historical returns for the stock stand at: 1-Week -3.02%, 1-Month 5.14%, 3-Months 4.65%, 6-Months -2.17%, and Year-to-date 4.65%. In terms of relative volume, the stock has seen a ratio of 1.21x in the past week, 0.86x in the last month, 0.73x in the last 3 months, 0.68x in the last 6 months, and 0.57x year-to-date.
The highest volume in the last month was 8,353,198 shares, recorded on 2024-07-25, while the lowest volume was 274,243 shares, observed on 2024-07-12. The current volume stands at -77.91% compared to the 1-month high volume and 572.83% compared to the 1-month low volume.
Technical Indicators
The technical indicators show that the stock is in an upward trend. The SMA10 is greater than SMA20, SMA10 is greater than SMA20 and SMA50, and SMA10 is greater than SMA20, SMA50, and SMA100. However, the upcoming trend is uncertain as SMA10 is not greater than SMA50 and SMA20.
The simple moving averages signal a SELL for the 5-days, 10-days, and a BUY for the 20-days, 50-days, and 100-days. The close price compared to the SMAs varies, with a -0.62% change for SMA5, -0.64% for SMA10, 0.69% for SMA20, 2.66% for SMA50, and 1.34% for SMA100.
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