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 WSTL
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Westell Technologies stock upgraded from Sell Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The Westell Technologies stock price fell by -1.99% on the last day (Wednesday, 27th Mar 2024) from $1.51 to $1.48. During the last trading day the stock fluctuated 0% from a day low at $1.48 to a day high of $1.48. The price has fallen in 4 of the last 10 days. Volume has increased on the last day by 5 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, 5 thousand shares were bought and sold for approximately $7.40 thousand.

The stock lies in the middle of a 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 -11.15% during the next 3 months and, with a 90% probability hold a price between $1.21 and $1.41 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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WSTL Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 05, 2024, and so far it has risen 4.96%. 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 Westell Technologies 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 $1.50 and $1.51. A break-up above any of these levels will issue buy signals. Westell Technologies 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 Westell Technologies stock

Westell Technologies finds support from accumulated volume at $1.47 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0 (0%) between high and low. For the last week, the stock has had daily average volatility of 1.86%.

Our recommended stop-loss: $1.42 (-4.36%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 16 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Westell Technologies to open at $1.48, and during the day (based on 14 day Average True Range), to move between $1.44 and $1.52, which gives a possible trading interval of +/-$0.0423 (+/-2.86%) up or down from last closing price. If Westell Technologies takes out the full calculated possible swing range there will be an estimated 5.72% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.47 (0.68%) than the resistance at $1.54 (4.05%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Westell Technologies stock A Buy?

Westell Technologies holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Upgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Westell Technologies of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$1.48 ( 0.00000000%) $1.48

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

Trading levels for WSTL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.48 0.00000000 %
R2 1.48 0.00000000 %
R1 1.48 0.00000000 %
Current price: 1.48
Support S1 1.48 0.00000000 %
S2 1.48 0.00000000 %
S3 1.48 0.00000000 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.64 10.81 %
R2 1.59 7.43 %
R1 1.54 4.05 %
Current price 1.48
Support S1 1.47 -0.676%
S2 1.43 -3.38%
S3 1.41 -4.73%

FAQ

What is the symbol for Westell Technologies Stock and on which exchange is it traded?
The symbol for Westell Technologies is WSTL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Westell Technologies Stock?
Westell Technologies holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

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

What's the current price of Westell Technologies Stock?
As of the end of day on the 2024-03-27, the price of an Westell Technologies (WSTL) share was $1.48.

What is the 52-week high and low for Westell Technologies Stock?
The 52-week high for Westell Technologies Stock is $1.85 and the 52-week low is $1.34.

What is the market capitalization of Westell Technologies Stock?
As of the 2024-03-27, the market capitalization of Westell Technologies is 16.458M.

When is the next earnings date for Westell Technologies?
The upcoming earnings date for Westell Technologies is May 25, 2024.
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About Westell Technologies

Westell Technologies Westell Technologies, Inc., through its subsidiary, Westell, Inc., designs and distributes telecommunications products to telephone companies in the United States. The company operates through three segments: In-Building Wireless (IBW), Intelligent Site Management (ISM), and Communications Network Solutions (CNS). The IBW segment offers indoor distributed antenna systems (DAS); DAS conditioners; digital repeaters; battery backup units; and system... WSTL Profile

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