Brera Holdings PLC (NASDAQ: BREA) Trading above Its 20 Day MA ($0.7406), Why Showing An Interesting Price Pattern?

Brera Holdings PLC (NASDAQ:BREA) does about 1.20M shares in volume on a normal day but saw 1133730 shares change hands in the recent trading day. The company now has a market cap of 9.91M USD. Its current market price is $0.85, marking an increase of 25.61% compared to the previous close of $0.68. The 52 week high reached by this stock is $3.00 whilst the lowest price level in 52 weeks is $0.50.

Brera Holdings PLC (BREA) has a 20-day trading average at $0.7406 and the current price is -71.67% off the 52-week high compared with 70.03% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.7972 and its 200-day simple moving average is $0.9603. If we look at the stock’s price movements over the week, volatility stands at 13.94%, which decreases to 11.27% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 58.31 to suggest the stock is neutral.

The current price level is 14.47%, 6.51%, and -11.51% away from its SMA20, SMA50, and SMA200 respectively, with the BREA price moving below the 50-day SMA on current market day. Brera Holdings PLC (BREA) stock is up 41.67% over the week and 0.00% over the past month. Its price is 29.65% year-to-date and 17.61% over the past year.

The company has a return on investment of -129.47% and return on equity of -361.62%. The beta has a value of 0.43. Price to book ratio is 3.55 and price to sales ratio is 7.99.