Capitol Investment Corp. IV (CIC):
Capitol Investment Corp. IV (CIC) settled with change of 1.26% pushing the price on the $10.42 per share in recent trading session ended on Friday. The latest trading activity showed that the stock price is 7.76% off from its 52-week low and traded with move of 0.68% from high printed in the last 52-week period. The Company holds 1.85M shares outstanding.
Shares price moved with 0.68% from its 50 Day high and distanced at 4.30% from 50 Day low.
The Institutional ownership of the firm is 54.98%.
Capitol Investment Corp. IV (CIC) stock recent traded volume stands with 1530422 shares as compared with its average volume of 217.78K shares. The relative volume observed at 7.03.
Stock chart volume also shows us the amount of liquidity in a stock. Liquidity just simply refers to how easily it is to get in and out of a stock. If a stock is trading on low volume, then there aren’t many traders involved in the stock and it would be more difficult to find a trader to buy from or sell to. In this case, we would say that it is illiquid. If a stock is trading on high volume, then there are many traders involved in the stock and it would be easier to find a trader to buy from or sell to. In this case, we would say that it is liquid.
Mistakenly, some traders think that stocks that are up on high volume means that there were more buyers than sellers, or stocks that are down on high volume means that there are more sellers than buyers. Wrong! Regardless if it is a high volume day or a low volume day there is still a buyer for every seller. You can’t buy something unless someone is selling it to you and you can’t sell something unless someone is buying it from you!
Moving averages are among the most popular and widely used indicators. They represent a method of smoothing price data and removing noise to reveal and measure a trend. Moving averages are the basis of many technical trend-following systems. Being a trend following, lagging indicator, as the moving average always lags price action, they are used in order to confirm trends, once the latter have begun. Comparison between moving averages of different time periods can also show market momentum.
Capitol Investment Corp. IV (CIC) stock moved up 2.34% in contrast to its 20 day moving average displaying short-term an upside movement of stock. It shifted 2.85% above its 50-day simple moving average. This is showing medium-term bullish trend based on SMA 50. The stock price went overhead 5.18% from its 200-day simple moving average identifying long-term rising trend.
David Culbreth – Category – Business
David Culbreth is a self-taught investor that has been investing in equities since she was a senior in college and continues to invest. He is extremely devoted to demystifying investing terminology for new investors.
David Culbreth is a senior author and journalist. He has more than 5 years of experience in institutional investment markets, including fixed income, equities, derivatives and real estate. David has a Bachelor in Business Administration with a major in Finance. He bought his first stocks in a private business at age 15 and made his first public stock trade at 23. He has always been interested in the stock market and how it behaves.
As the dad of two children, he’s made saving money and investing for them a high priority. Over many years of investing, he has made some wise choices and he’s made many mistakes. But he’s learned from both. Mr. David observations and experience give him the insight to stock market patterns and the investor behaviors that create them.