Spotting A Winner: Aclarion Inc (NASDAQ: ACON) Advances 21.74 And It Still Have Room To Run

Aclarion Inc (NASDAQ:ACON) currently has a daily average trading volume of 2.27M but it saw 5472986 shares traded in last market. With a market cap of 7.11M USD, the company’s current market price of $7.00 came rising about 21.74 while comparing to the previous closing price of $5.75. In past 52 weeks, the stock remained buoying in the range of price level as high as $231.15 and as low as $2.43.

Taking a look at 20-day trading activity of Aclarion Inc (ACON) gives us an average price of $4.89, while its current price level is -96.97% below from 52-week high level whereas it is 187.68% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $20.67 while that of 200 days or SMA-200 reads an average of $63.17. A closer look into the stock’s movement over the week reveals that its volatility is standing at 62.40% during that period while stretching the period over a month that decreases to 31.07%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.48 which implies that the stock is in neutral territory.

Over the week, ACON’s stock price is moving 112.12% up while it is 5.26% when we observe its performance for the past one month. Year-to-date it is -85.49% down and over the past year, the stock is showing a downside performance of -94.71%.

Currently, Aclarion Inc’s total number of outstanding shares is 1.02M. Company’s return on investment (ROI) stands at -250.25% and return on equity (ROE) at -745.47%. Stock’s beta reads -0.01. Stock has a price to book (P/B) ratio of 0.08 while price to sale or P/S ratio amounts to 142.19. Its return on asset (ROA) is -264.99% on average.