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 DSS
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Evaluation of Document Security Systems, Inc stock downgraded after the last trading session.
(Updated on Mar 28, 2024)

Sell candidate since Mar 25, 2024 Loss -1.90% PDF

The Document Security Systems, Inc stock price fell by -2.69% on the last day (Thursday, 28th Mar 2024) from $1.86 to $1.81. During the last trading day the stock fluctuated 7.18% from a day low at $1.81 to a day high of $1.94. The price has fallen in 5 of the last 10 days and is down by -6.7% for this period. Volume has increased on the last day by 2 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 4 thousand shares were bought and sold for approximately $7.40 thousand.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 20.76% during the next 3 months and, with a 90% probability hold a price between $0.675 and $3.22 at the end of this 3-month period.

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DSS Signals & Forecast

There are few to no technical positive signals at the moment. The Document Security Systems, Inc 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 $1.86 and $1.87. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, January 05, 2024, and so far it has fallen -19.20%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Document Security Systems, Inc gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Document Security Systems, Inc stock

Document Security Systems, Inc finds support from accumulated volume at $1.80 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.130 between high and low, or 7.18%. For the last week, the stock has had daily average volatility of 5.08%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (DSS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Document Security Systems, Inc to open at $1.85, and during the day (based on 14 day Average True Range), to move between $1.69 and $1.93, which gives a possible trading interval of +/-$0.122 (+/-6.77%) up or down from last closing price. If Document Security Systems, Inc takes out the full calculated possible swing range there will be an estimated 13.53% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.80 (0.55%) than the resistance at $1.99 (9.94%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Document Security Systems, Inc stock A Buy?

The Document Security Systems, Inc stock holds several negative signals and despite the positive trend, we believe Document Security Systems, Inc will perform weakly in the next couple of days or weeks. Therefore, we 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 Sell to a Strong Sell candidate.

Current score: -5.488 Strong Sell Candidate Downgraded

Predicted Opening Price for Document Security Systems, Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$1.85 ( 2.39%) $1.81

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

Trading levels for DSS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.98 9.58 %
R2 1.93 6.83 %
R1 1.90 5.14 %
Current price: 1.81
Support S1 1.80 -0.350 %
S2 1.77 -2.04 %
S3 1.72 -4.79 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.24 23.76 %
R2 2.12 17.13 %
R1 1.99 9.94 %
Current price 1.81
Support S1 1.80 -0.552%
S2 1.77 -2.21%
S3 1.75 -3.31%

FAQ

What is the symbol for Document Security Systems, Inc Stock and on which exchange is it traded?
The symbol for Document Security Systems, Inc is DSS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Document Security Systems, Inc Stock?
The Document Security Systems, Inc stock holds several negative signals and despite the positive trend, we believe Document Security Systems, Inc will perform weakly in the next couple of days or weeks. Therefore, we 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 Sell to a Strong Sell candidate.

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

What's the current price of Document Security Systems, Inc Stock?
As of the end of day on the 2024-03-28, the price of an Document Security Systems, Inc (DSS) share was $1.81.

What is the 52-week high and low for Document Security Systems, Inc Stock?
The 52-week high for Document Security Systems, Inc Stock is $2.45 and the 52-week low is $0.102.

What is the market capitalization of Document Security Systems, Inc Stock?
As of the 2024-03-28, the market capitalization of Document Security Systems, Inc is 12.694M.

When is the next earnings date for Document Security Systems, Inc?
The upcoming earnings date for Document Security Systems, Inc is Apr 02, 2024.
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About Document Security Systems, Inc

Document Security Systems DSS, Inc. operates in the product packaging, biotechnology, direct, commercial lending, securities and investment management, alternative trading, digital transformation, secure living, and alternative energy businesses worldwide. It manufactures, markets, and sells custom folding cartons, mailers, photo sleeves, and 3-dimensional direct mail solutions; and markets and distributes nutritional and personal care products. The company also invests i... DSS Profile

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