International Stem Cell Corp Stock Forecast
Weaker technical forecast for International Stem Cell Corp as stock downgraded to Sell Candidate.
(Updated on Apr 25, 2024)
No changes to the price of International Stem Cell Corp stock on the last trading day (Thursday, 25th Apr 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0650 to a day high of $0.0650. The price has been going up and down for this period, and there has been a -45.83% loss for the last 2 weeks.
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 -12.06% during the next 3 months and, with a 90% probability hold a price between $0.0406 and $0.103 at the end of this 3-month period.
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ISCO Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 24, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The International Stem Cell Corp stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.0694 and $0.0878. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for International Stem Cell Corp stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0611 and $0.0521. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.0521 may give a huge drop in the stock price.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 2.34%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ISCO) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect International Stem Cell Corp to open at $0.0650, and during the day (based on 14 day Average True Range), to move between $0.0499 and $0.0801, which gives a possible trading interval of +/-$0.0151 (+/-23.19%) up or down from last closing price. If International Stem Cell Corp takes out the full calculated possible swing range there will be an estimated 46.38% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0611 (6.00%) than the resistance at $0.0700 (7.69%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is International Stem Cell Corp stock A Buy?
International Stem Cell Corp holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -2.924 Sell Candidate Downgraded
Predicted Opening Price for International Stem Cell Corp of Friday, April 26, 2024
Fair opening price April 26, 2024 | Current price |
---|---|
$0.0650 ( 0%) | $0.0650 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ISCO
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.0650 | . | |
R2 | 0.0650 | . | ||
R1 | 0.0650 | . | ||
Current price: | 0.0650 | |||
Support | S1 | 0.0650 | . | |
S2 | 0.0650 | . | ||
S3 | 0.0650 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.0810 | 24.62 % | |
R2 | 0.0758 | 16.57 % | ||
R1 | 0.0700 | 7.69 % | ||
Current price | 0.0650 | |||
Support | S1 | 0.0611 | -6.00% | |
S2 | 0.0521 | -19.85% | ||
S3 | 0 | . |
FAQ
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