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 DYNT
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Dynatronics Corporation stock price ended at $0.447 on Wednesday, after gaining 2.78%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 12, 2024 Loss -1.67% PDF

The Dynatronics Corporation stock price gained 2.78% on the last trading day (Wednesday, 27th Mar 2024), rising from $0.435 to $0.447. During the last trading day the stock fluctuated 0% from a day low at $0.447 to a day high of $0.447. The price has risen in 5 of the last 10 days but is still down by -1.67% for this period. Volume fell on the last day by -5 thousand shares and in total, 826 shares were bought and sold for approximately $369.55 . You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.413 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -20.66% during the next 3 months and, with a 90% probability hold a price between $0.328 and $0.469 at the end of this 3-month period.

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DYNT Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 3.78%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Dynatronics Corporation 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 $0.448 and $0.476. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Dynatronics Corporation stock

Dynatronics Corporation finds support from accumulated volume at $0.440 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, but be aware of low or falling volume as this increases the risk. 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 2.14%.

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

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

For the upcoming trading day on Thursday, 28th we expect Dynatronics Corporation to open at $0.447, and during the day (based on 14 day Average True Range), to move between $0.421 and $0.474, which gives a possible trading interval of +/-$0.0263 (+/-5.88%) up or down from last closing price. If Dynatronics Corporation takes out the full calculated possible swing range there will be an estimated 11.77% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.440 (1.63%) than the resistance at $0.475 (6.15%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Dynatronics Corporation stock A Buy?

Dynatronics Corporation 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.

Current score: -2.314 Sell Candidate Unchanged

Predicted Opening Price for Dynatronics Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$0.447 ( 0%) $0.447

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

Trading levels for DYNT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.447 .
R2 0.447 .
R1 0.447 .
Current price: 0.447
Support S1 0.447 .
S2 0.447 .
S3 0.447 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.500 11.85 %
R2 0.490 9.52 %
R1 0.475 6.15 %
Current price 0.447
Support S1 0.440 -1.63%
S2 0.433 -3.22%
S3 0.433 -3.26%

FAQ

What is the symbol for Dynatronics Corporation Stock and on which exchange is it traded?
The symbol for Dynatronics Corporation is DYNT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Dynatronics Corporation Stock?
Dynatronics Corporation 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.

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

What's the current price of Dynatronics Corporation Stock?
As of the end of day on the 2024-03-27, the price of an Dynatronics Corporation (DYNT) share was $0.447.

What is the 52-week high and low for Dynatronics Corporation Stock?
The 52-week high for Dynatronics Corporation Stock is $1.64 and the 52-week low is $0.420.

What is the market capitalization of Dynatronics Corporation Stock?
As of the 2024-03-27, the market capitalization of Dynatronics Corporation is 2.184M.

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

Dynatronics Dynatronics Corporation, a medical device company, designs, manufactures, and sells physical therapy, rehabilitation, orthopedics, pain management, and athletic training products in the United States. Its orthopedic soft bracing products include cervical collars, shoulder immobilizers, arm slings, wrist and elbow supports, abdominal and lumbosacral supports, maternity supports, knee immobilizers and supports, ankle walkers and supports, plantar f... DYNT Profile

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