Patience To Be Paid Off: Inpixon (INPX), Naked Brand Group Limited (NAKD)

Inpixon (NASDAQ:INPX)’s beta now stands at 1.79 and when compared to its 200-day moving average and its 50-day moving average, INPX price stands -76.99% below and -48.32% below respectively. The stock dropped by -99.17% or -$188.24 from its last recorded high of $189.81 which it attained on February 12 to close at $1.57 per share. Over the past 52 weeks, the shares of Inpixon has been trading as low as $1.65 before witnessing a massive surge by -4.85% or $-0.08. This price movement has led to the INPX stock receiving more attention and has become one to watch out for. It dipped by -5.99% on Monday and this got the market worried. Its average daily volatility for this week is 16.12% which is more than the 12.93% recorded over the past month.

Inpixon (INPX) sank -30.84% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a drop that has seen it decline -98.55% and is now down by -50.78% since start of this year. A look at its monthly performance shows that the stock has recorded a -63.49% fall over the past 30 days. Its equity price dipped by -49.35% over the past three months which led to its overall six-month decrease to stand at -67.56%.

A look at INPX technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 31.11 point. Its trading volume has added 974874 shares compared to readings over the past three months as it recently exchanged 1797414 shares. This means there is improved activity from short-term traders as per session, its average trading volume is 822540 shares, and this is 2.19 times the normal volume.

The price of Naked Brand Group Limited (NASDAQ:NAKD) currently stands at $0.48 after it went up by $0.06 or 14.29% and has found a strong support at $0.43 a share. If the NAKD price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $0.38 mark would also be bad for the stock as it means that the stock would plunge by 20.83% from its current position. However, if the stock price is able to trade above the resistance point around $0.56, then it could likely surge higher to try and break the upward resistance which stands at $0.64 a share. Its average daily volatility over the past one month stands at 12.87%. The stock has plunged by 3.94% from its 52-weeks high of $0.4611 which it reached on Jun. 12, 2018. In general, it is 16.67% above its 52-weeks lowest point which stands at $0.4 and this setback was observed on Feb. 08, 2019.

The NAKD stock Stochastic Oscillator (%D) is at 14.47%, which means that it is currently oversold and its prices could jump very soon. The shares P/S ratio stands at 0.27 which compares to the 5.29 recorded by the industry or the 129 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 0, which is lower than the 0 multiple of 12-month price-earnings (P/E). The company’s earnings have gone down, with a quarterly decrease rate of 0% over the past five years.