-5.02% Movement in WEST Stock Highlights Powerful bearish Momentum on Dec 30, 2024
Date: Dec 30, 2024 (Monday)
open : $6.51
close : $6.25
low : $6.24
high : $6.56
previous close: $6.58
Also check: Tool to spot which candlestick has formed
On Dec 30, 2024 (Monday), WESTROCK COFFEE COMPANY (WEST) in the Consumer Defensive sector showed bearish momentum of -5.02% w.r.t previous day's close. The stock belongs to the Packaged Foods industry within the Consumer Defensive sector.
At the opening bell, the stock started with a a gap down at $6.51, compared to the previous close of $6.58 (a gap down of -1.06%).
The stock hit a high of $6.56 and a low of $6.24, creating a trading range of $0.32. The price movement for the day was -3.99% lower than the opening price.
During the day's session, the WESTROCK COFFEE COMPANY traded 317,866 shares, showing a modest -17.85% change compared to the average of 386,941 shares. This indicates a fairly typical level of market activity, with no major deviations from average trading volume.
The stock showed high volatility (5.12%) with a wide trading range and a large movement (the stock surged from $6.24 to $6.56).
If we look at the last month's 1D chart, the stock has been in a downtrend, and today's close < open forms a bearish candle, reinforcing the trend and signaling strong selling pressure as bearish sentiment persists.
Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.