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 CAPR
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Volatile ride for Capricor Therapeutics stock price on Wednesday moving between $6.19 and $7.04
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 04, 2024 Gain 44.97% PDF

The Capricor Therapeutics stock price gained 7.29% on the last trading day (Wednesday, 27th Mar 2024), rising from $6.31 to $6.77. During the last trading day the stock fluctuated 13.73% from a day low at $6.19 to a day high of $7.04. The price has risen in 8 of the last 10 days and is up by 13.97% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 46 thousand more shares were traded than the day before. In total, 383 thousand shares were bought and sold for approximately $2.59 million.

The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $6.99 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 33.18% during the next 3 months and, with a 90% probability hold a price between $5.84 and $9.32 at the end of this 3-month period.

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CAPR Signals & Forecast

The Capricor Therapeutics stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $6.66 and $5.06. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -1.60%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Capricor Therapeutics stock

On the downside, the stock finds support just below today's level from accumulated volume at $6.38 and $5.89. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Capricor Therapeutics finds support just below today's level at $6.38. If this is broken, then the next support from accumulated volume will be at $5.89 and $5.80.

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 $0.85 between high and low, or 13.73%. For the last week, the stock has had daily average volatility of 10.18%.

Our recommended stop-loss: $6.50 (-4.03%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 4 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Capricor Therapeutics to open at $6.67, and during the day (based on 14 day Average True Range), to move between $6.28 and $7.26, which gives a possible trading interval of +/-$0.493 (+/-7.29%) up or down from last closing price. If Capricor Therapeutics takes out the full calculated possible swing range there will be an estimated 14.57% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $6.79 (0.30%) than the support at $6.38 (5.76%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Capricor Therapeutics stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Capricor Therapeutics stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.832 Buy Candidate Upgraded

Predicted Opening Price for Capricor Therapeutics of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$6.67 ( 1.53%) $6.77

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

Trading levels for CAPR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 7.52 11.03 %
R2 7.19 6.23 %
R1 6.99 3.27 %
Current price: 6.77
Support S1 6.34 -6.32 %
S2 6.14 -9.29 %
S3 5.82 -14.08 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 6.88 1.62 %
R2 6.85 1.18 %
R1 6.79 0.295 %
Current price 6.77
Support S1 6.38 -5.76%
S2 5.89 -13.00%
S3 5.80 -14.33%

FAQ

What is the symbol for Capricor Therapeutics Stock and on which exchange is it traded?
The symbol for Capricor Therapeutics is CAPR and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Capricor Therapeutics Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Capricor Therapeutics stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

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

What's the current price of Capricor Therapeutics Stock?
As of the end of day on the 2024-03-27, the price of an Capricor Therapeutics (CAPR) share was $6.77.

What is the 52-week high and low for Capricor Therapeutics Stock?
The 52-week high for Capricor Therapeutics Stock is $8.22 and the 52-week low is $2.68.

What is the market capitalization of Capricor Therapeutics Stock?
As of the 2024-03-27, the market capitalization of Capricor Therapeutics is 212.576M.

When is the next earnings date for Capricor Therapeutics?
The upcoming earnings date for Capricor Therapeutics is May 09, 2024.
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About Capricor Therapeutics

Capricor Therapeutics Capricor Therapeutics, Inc., a clinical-stage biotechnology company, focuses on the development of transformative cell and exosome-based therapeutics for the treatment and prevention of spectrum of diseases and disorders. Its lead candidate, CAP-1002, an allogeneic cardiac-derived cell therapy, which has completed phase III clinical trial for the treatment of patients with late-stage Duchenne muscular dystrophy (DMD); and CAP-1002, which is in Ph... CAPR Profile

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