Why Social Capital Hedosophia Holdings Corp. VI (IPOF)’s Most Recent Report Reveals Some Hints About Its Future

Social Capital Hedosophia Holdings Corp. VI (NYSE:IPOF) went up by 4.54% from its latest closing price compared to the recent 1-year high of $16.54. The company’s stock price has collected 3.57% of gains in the last five trading sessions.

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Is It Worth Investing in Social Capital Hedosophia Holdings Corp. VI (NYSE :IPOF) Right Now?

Today, the average trading volume of IPOF was 4.75M shares.


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IPOF’s Market Performance

The volatility ratio for the week stands at 7.41% while the volatility levels for the past 30 days are set at 6.98% for Social Capital Hedosophia Holdings Corp. VI. The simple moving average for the period of the last 20 days is 4.68% for IPOF stocks with a simple moving average of 18.09% for the last 200 days.

IPOF Trading at 15.04% from the 50-Day Moving Average

After a stumble in the market that brought IPOF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.32% of loss for the given period.

Volatility was left at 6.98%, however, over the last 30 days, the volatility rate increased by 7.41%, as shares surge +2.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +36.89% upper at present.

During the last 5 trading sessions, IPOF rose by +3.57%, in comparison to the 20-day moving average, which settled at $14.98. In addition, Social Capital Hedosophia Holdings Corp. VI saw 27.32% in overturn over a single year, with a tendency to cut further gains.

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