Powerful Stocks: to Increase Your Investments: Bank of America Corporation (NYSE:BAC), Cenntro Electric Group Limited (NASDAQ:CENN), Cano Health, Inc. (NYSE:CANO)

Hot Stocks Alert: BAC, CENN, CANO are discussed below

Bank of America Corporation (NYSE:BAC) has became attention seeker from the inquisitor when it experienced a change of 0.70%,Whereas, in last 21 trading days was 6.62% and moved in last 63 trading days of 1.84%. Looking further out we can see that the stock has moved 3.62% over the year to date. Along with these its last twelve month performance is stands at -24.98% while moved 2.66% for the past six months.

Analytical Significance of Simple Moving Average for Bank of America Corporation (BAC)

The SMA200 of the stock is at 0.21%, SMA20 is 2.51%, while SMA50 is -0.24%.

According to data from FINVIZ’s Research, The price target set for the stock is $40.92 and this sets an interesting set of potential movement for the stock. The Bank of America Corporation has Relative Strength Index (RSI 14) of 55.39 along with Average True Range (ATR 14) of 0.86. Its weekly and monthly volatility is 2.23%, 2.20% respectively. The company’s beta value was at 1.40.

Cenntro Electric Group Limited (NASDAQ:CENN) posted a 4.60% after which it closed the day’ session at $0.58 and the company has experienced volume of 2,039,413 shares while on average the company has a capacity of trading 6.07M share while its relative trading volume is 0.77. Relative volume is a great indicator to keep a close eye on, but like most indicators it works best in conjunction with other indicators and on different time frames. Higher relative volume you will have more liquidity in the stock which will tighten spreads and allow you to trade with more size without a ton of slippage.

The CENN’ Stock performances for weekly, Monthly, Quarterly, half-yearly & year-to-date are mentioned below:

On a weekly basis, the stock is 4.59%. On a Monthly basis the stock is 109.81%. The quarterly performance for the stock is -42.15%, while the half-yearly performance is -65.11%. Looking further out we can see that the stock has moved 26.89% over the year to date. Cenntro Electric Group Limited’s beta is 1.26 whilst the stock has an average true range (ATR) of 0.06. Other technical indicators are worth considering in assessing the prospects for CENN. RSI for instance is currently at 55.39. The company net profit margin is 0 and gross profit margin is 0.

CENN’s shares were trading -80.53% below from the 52-week high price and 124.62% above from the 52-week price bottom.

Cano Health, Inc. (NYSE:CANO) displayed a change of -3.73% after which it closed the day’ session at $1.29. The overall volume in the last trading session was 3,231,319 shares.

The CANO’s performances for weekly, Monthly, Quarterly, half-yearly & year-to-date are mentioned below:

On a weekly basis, the stock was -9.46%. On a Monthly basis the stock was 16.52%. The quarterly performance for the stock was -70.22%, while the half-yearly performance was -79.48%. Looking further out we can see that the stock has moved -2.19% over the year to date. Cano Health, Inc.’s beta is 0 whilst the stock has an average true range (ATR) of 0.16. Other technical indicators are worth considering in assessing the prospects for EQT. RSI for instance is currently at 44.64.

CANO’s Performance breakdown (SMA20, SMA50 & SMA200): 

Cano Health, Inc. (NYSE:CANO) has seen its SMA20 which is now 3.49%. In looking the SMA 50 we see that the stock has seen a -15.49% while it has a distance of -72.44% from the 200 days simple moving average. The price target set for the stock was $4.18 and this sets up an interesting set of potential movement for the stock, according to data from FINVIZ’s Research.

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