Windtree Therapeutics Inc Stock Forecast
Windtree Therapeutics Inc stock price ended at $0.342 on Friday, after gaining 0.589%.
(Updated on Apr 19, 2024)
The Windtree Therapeutics Inc stock price gained 0.589% on the last trading day (Friday, 19th Apr 2024), rising from $0.340 to $0.342. During the last trading day the stock fluctuated 9.06% from a day low at $0.330 to a day high of $0.360. The price has fallen in 7 of the last 10 days and is down by -19.33% for this period. Volume fell on the last day by -1 million shares and in total, 471 thousand shares were bought and sold for approximately $160.83 thousand. 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 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 -7.87% during the next 3 months and, with a 90% probability hold a price between $0.270 and $0.398 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
WINT Signals & Forecast
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 Windtree Therapeutics Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $0.392 and $0.378. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 12, 2024, and so far it has fallen -21.43%. Further fall is indicated until a new bottom pivot has been found. 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 also not.
Support, Risk & Stop-loss for Windtree Therapeutics Inc stock
Windtree Therapeutics Inc finds support from accumulated volume at $0.340 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 much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.0299 between high and low, or 9.06%. For the last week the stock has had daily average volatility of 17.37%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (WINT) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Windtree Therapeutics Inc to open at $0.344, and during the day (based on 14 day Average True Range), to move between $0.299 and $0.384, which gives a possible trading interval of +/-$0.0423 (+/-12.38%) up or down from last closing price. If Windtree Therapeutics Inc takes out the full calculated possible swing range there will be an estimated 24.75% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.340 (0.59%) than the resistance at $0.360 (5.32%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Windtree Therapeutics Inc stock A Buy?
Windtree Therapeutics Inc 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: -5.467 Strong Sell Candidate Unchanged
Predicted Opening Price for Windtree Therapeutics Inc of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| $0.344 ( 0.614%) | $0.342 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WINT
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.374 | 9.36 % | |
| R2 | 0.362 | 6.02 % | ||
| R1 | 0.355 | 3.96 % | ||
| Current price: | 0.342 | |||
| Support | S1 | 0.332 | -2.73 % | |
| S2 | 0.325 | -4.79 % | ||
| S3 | 0.314 | -8.13 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.420 | 22.97 % | |
| R2 | 0.400 | 17.03 % | ||
| R1 | 0.360 | 5.32 % | ||
| Current price | 0.342 | |||
| Support | S1 | 0.340 | -0.585% | |
| S2 | 0.325 | -4.92% | ||
| S3 | 0.317 | -7.40% |
FAQ
Click here for our free guide on how to buy Windtree Therapeutics Inc Stock.
