NII Holdings (NIHD) Shares are Up 5.77%

NII Holdings (NIHD) : Traders are bullish on NII Holdings (NIHD) as it has outperformed the S&P 500 by a wide margin of 55.94% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.21%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.77% in the last 1 week, and is up 52.78% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 16.61% and the 50-Day Moving Average is 14.58%.The 200 Day SMA reached 17.94% NII Holdings Inc. has dropped 14.51% during the last 3-month period . Year-to-Date the stock performance stands at -34.65%.


The shares have received a consensus rating of Sell for the current week NII Holdings (NASDAQ:NIHD): stock was range-bound between the intraday low of $3.22 and the intraday high of $3.45 after having opened at $3.28 on Fridays session. The stock finally closed in the red at $3.28, a loss of -0.90%. The stock remained in the red for the whole trading day. The total traded volume was 6,009,661 shares. The stock failed to cross $3.45 in Fridays trading. The stocks closing price on Thursday was $3.3.

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