RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GEVO
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Big movements in Gevo stock price on Wednesday moving 18.82% between high and low
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The Gevo stock price gained 19.98% on the last trading day (Wednesday, 27th Mar 2024), rising from $0.608 to $0.730. During the last trading day the stock fluctuated 18.82% from a day low at $0.620 to a day high of $0.737. The price has been going up and down for this period, and there has been a 6.37% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 17 million more shares were traded than the day before. In total, 24 million shares were bought and sold for approximately $17.74 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -35.61% during the next 3 months and, with a 90% probability hold a price between $0.387 and $0.506 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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GEVO Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 19.98%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Gevo stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.80. On a fall, the stock will find some support from the short-term average at $0.657. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Gevo stock

Gevo finds support from accumulated volume at $0.720 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.117 between high and low, or 18.82%. For the last week, the stock has had daily average volatility of 10.40%.

Our recommended stop-loss: $0.699 (-4.20%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 1 day ago.)

Trading Expectations (GEVO) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Gevo to open at $0.695, and during the day (based on 14 day Average True Range), to move between $0.668 and $0.791, which gives a possible trading interval of +/-$0.0617 (+/-8.45%) up or down from last closing price. If Gevo takes out the full calculated possible swing range there will be an estimated 16.91% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.720 (1.29%) than the resistance at $0.85 (16.52%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Gevo stock A Buy?

Gevo holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.260 Hold/Accumulate Upgraded

Predicted Opening Price for Gevo of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$0.695 ( 4.67%) $0.730

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GEVO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.81 11.33 %
R2 0.768 5.22 %
R1 0.740 1.45 %
Current price: 0.730
Support S1 0.651 -10.78 %
S2 0.623 -14.55 %
S3 0.579 -20.66 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.88 20.64 %
R2 0.86 17.90 %
R1 0.85 16.52 %
Current price 0.730
Support S1 0.720 -1.29%
S2 0.672 -7.90%
S3 0.656 -10.05%

FAQ

What is the symbol for Gevo Stock and on which exchange is it traded?
The symbol for Gevo is GEVO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Gevo Stock?
Gevo holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Gevo Stock?
Gevo Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Gevo Stock.

What's the current price of Gevo Stock?
As of the end of day on the 2024-03-27, the price of an Gevo (GEVO) share was $0.730.

What is the 52-week high and low for Gevo Stock?
The 52-week high for Gevo Stock is $1.86 and the 52-week low is $0.601.

What is the market capitalization of Gevo Stock?
As of the 2024-03-27, the market capitalization of Gevo is 146.224M.

When is the next earnings date for Gevo?
The upcoming earnings date for Gevo is May 08, 2024.
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About Gevo

Gevo Gevo, Inc. operates as a renewable fuels company. It operates through four segments: Gevo, Agri-Energy, Renewable Natural Gas, and Net-Zero. The company commercializes gasoline, jet fuel, and diesel fuel to achieve zero carbon emissions, and reduce greenhouse gas emissions with sustainable alternatives. Its products also include renewable gasoline and diesel, isooctane, isobutanol, sustainable aviation fuel, renewable natural gas, isobutylene, et... GEVO Profile

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