Nitches Inc. (OTC:NICH) Stock Catches Attention After the Recent Development
Key developments about subsidiary business units bring significant focus on companies, and hence, Nitches Inc. (OTC:NICH) could be one of the companies to track this week. On Tuesday, the company was in sharp focus after its fully owned subsidiary unit, InTheZone Labs, made a key new announcement. In this feature, we will take a closer look into it.
The Development
In the news release, InTheZone Labs made an announcement with regards to its strategic plan for expanding its marketing and distribution programs for its flagship supplement line. The move was mooted by the company following the massively positive feedback that it had gotten from customers for the product. It was also noted that its long-standing commitment to customer wellness and innovation would be on display as it worked on using its momentum from 2023 to make further inroads in significant markets through Amazon, TikTok, and its own website.
Further Details
In its move to further cash in on a community that is growing fast, the company decided to further reinforce its presence on the innovative shopping platform operated by TikTok. It was also noted that the early adopters had also displayed a strong preference for natural and effective products.
Technicals
| +/- EMA(20) | 0.0081 (-19.75%) |
| +/- SMA(50) | 0.006 (+8.33%) |
| +/- SMA(200) | 5.1575 (-99.87%) |
| 5-Day Perf. | -26.14% |
| 1-Month Perf. | +20.37% |
| 3-Month Perf. | +124.14% |
| 6-Month Perf. | -99.88% |
| YTD Perf. | +140.74% |
| 1-Year Perf. | -99.99% |
| RSI(14) | 41.34 |
| ATR(14) | – |
| ADX(14) | 31.35 |
