Why Rodgers Silicon Valley Acquisition Corp. (RSVA)’s Most Recent Report Reveals Some Hints About Its Future

Rodgers Silicon Valley Acquisition Corp. (NASDAQ:RSVA) went up by 32.06% from its latest closing price compared to the recent 1-year high of $20.06. The company’s stock price has collected 32.06% of gains in the last five trading sessions. Press Release reported 14 hours ago that Advanced Silicon Battery Company Enovix to Become a Public Company Through Merger with Rodgers Silicon Valley Acquisition Corp.

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Is It Worth Investing in Rodgers Silicon Valley Acquisition Corp. (NASDAQ :RSVA) Right Now?

Today, the average trading volume of RSVA was 109.30K shares.


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RSVA’s Market Performance

The volatility ratio for the week stands at 16.10% while the volatility levels for the past 30 days are set at 10.48% for Rodgers Silicon Valley Acquisition Corp.. The simple moving average for the period of the last 20 days is 37.63% for RSVA stocks with a simple moving average of 42.93% for the last 200 days.

RSVA Trading at 42.93% from the 50-Day Moving Average

After a stumble in the market that brought RSVA to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 3.69% of gains for the given period.

Volatility was left at 10.48%, however, over the last 30 days, the volatility rate increased by 16.10%, as shares surge +38.67% for the moving average over the last 20 days.

During the last 5 trading sessions, RSVA rose by +32.06%, in comparison to the 20-day moving average, which settled at $15.40. In addition, Rodgers Silicon Valley Acquisition Corp. saw 65.74% in overturn over a single year, with a tendency to cut further gains.

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