Stock inside Traders Spotlight: Monster Digital, Inc. (MSDI)

Monster Digital, Inc. (MSDI) lost -18.06% to reach $0.83 in the previous trading session. Overall, 1.17 Million shares exchanged hands versus its average trading volume of 171.89 Million shares. The relative volume of the stock is 6.82, while its market cap is $4.35 Million.

Relative Strength Index

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that calculates the speed and change of price movements. The RSI oscillates between zero and 100. Usually the RSI is considered overbought when above 70 and oversold when less than 30.

Relative strength index (RSI-14) for Monster Digital, Inc. (MSDI) is at 42.09.

Moving Averages

A moving average (MA) is a trend-following or lagging indicator because it is based on past prices. The average is taken over a specific period of time, like 10 days, 20 minutes, 30 weeks, or any time period the trader chooses. There are advantages to using a moving average in your trading, as well options on what type of moving average to use. Moving average strategies are also popular and can be tailored to any time frame, suiting both long term investors and short-term traders.

A moving average can help cut down the amount of “noise” on a price chart. Look at the direction of the moving average to get a basic idea of which way the price is moving. Angled up and price is moving up (or was recently) overall, angled down and price is moving down overall, moving sideways and the price is likely in a range.

Monster Digital, Inc. (MSDI)’s distance from 200 day simple moving average is -53.37 percent, its distance from 50 day simple moving average is -32.41 percent, while its distance from 20 day simple moving average is -15.34 percent.

52-week High/Low

A 52-week high/low is the highest and lowest price that a stock has traded at during the previous year. Many traders and investors view the 52-week high or low as an important factor in determining a stock’s current value and predicting future price movement.

Monster Digital, Inc. (MSDI) has a 52-week high of $3.80 and a 52-week low of $0.61.

Historical Trends

A trend analysis is a method of analysis that allows traders to predict what will happen with a stock in the future. Trend analysis is based on historical data about the stock’s performance given the overall trends of the market and particular indicators within the market.

Monster Digital, Inc. shares increased 11.84 percent over the past week and fell -35.34 percent over the previous month. The stock plunged -50.44 percent over the past quarter, while declined -38.69 percent over the past six months.