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 ADMA
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Green day on Wednesday for ADMA Biologics Inc stock after gaining 3.69%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Nov 28, 2023 Gain 81.18% PDF

The ADMA Biologics Inc stock price gained 3.69% on the last trading day (Wednesday, 27th Mar 2024), rising from $6.50 to $6.74. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.85% from a day low at $6.50 to a day high of $6.75. The price has risen in 6 of the last 10 days and is up by 7.67% 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, 601 thousand more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $19.12 million.

The stock has broken the wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $6.72, a level that may pose a second chance to hit a runner. According to fan-theory $7.53 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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ADMA Signals & Forecast

The ADMA Biologics Inc 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 $6.37 and $5.76. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 13.47%. Further rise is indicated until a new top pivot has been found. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for ADMA Biologics Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $6.16 and $6.12. 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, ADMA Biologics Inc finds support just below today's level at $6.16. If this is broken, then the next support from accumulated volume will be at $6.12 and $5.07.

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 $0.250 between high and low, or 3.85%. For the last week, the stock has had daily average volatility of 3.54%.

Our recommended stop-loss: $6.49 (-3.68%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 7 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect ADMA Biologics Inc to open at $6.66, and during the day (based on 14 day Average True Range), to move between $6.51 and $6.97, which gives a possible trading interval of +/-$0.234 (+/-3.48%) up or down from last closing price. If ADMA Biologics Inc takes out the full calculated possible swing range there will be an estimated 6.96% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $6.16, some $0.580 (8.61%) from the current price of $6.74, our system finds the risk reward attractive.

Is ADMA Biologics Inc stock A Buy?

ADMA Biologics Inc holds several positive signals and has broken the strong rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 8.563 Strong Buy Candidate Unchanged

Predicted Opening Price for ADMA Biologics Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$6.66 ( 1.14%) $6.74

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

Trading levels for ADMA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 6.91 2.57 %
R2 6.82 1.15 %
R1 6.76 0.279 %
Current price: 6.74
Support S1 6.57 -2.55 %
S2 6.51 -3.43 %
S3 6.41 -4.85 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 6.74
Support S1 6.16 -8.61%
S2 6.12 -9.20%
S3 5.07 -24.78%

FAQ

What is the symbol for ADMA Biologics Inc Stock and on which exchange is it traded?
The symbol for ADMA Biologics Inc is ADMA and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell ADMA Biologics Inc Stock?
ADMA Biologics Inc holds several positive signals and has broken the strong rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

How to buy ADMA Biologics Inc Stock?
ADMA Biologics 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 ADMA Biologics Inc Stock.

What's the current price of ADMA Biologics Inc Stock?
As of the end of day on the 2024-03-27, the price of an ADMA Biologics Inc (ADMA) share was $6.74.

What is the 52-week high and low for ADMA Biologics Inc Stock?
The 52-week high for ADMA Biologics Inc Stock is $6.75 and the 52-week low is $3.06.

What is the market capitalization of ADMA Biologics Inc Stock?
As of the 2024-03-27, the market capitalization of ADMA Biologics Inc is 1.483B.

When is the next earnings date for ADMA Biologics Inc?
The upcoming earnings date for ADMA Biologics Inc is May 08, 2024.
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About ADMA Biologics Inc

ADMA Biologics ADMA Biologics, Inc., a biopharmaceutical company, engages in developing, manufacturing, and marketing specialty plasma-derived biologics for the treatment of immune deficiencies and infectious diseases in the United States and internationally. It offers BIVIGAM, an intravenous immune globulin (IVIG) product indicated for the treatment of primary humoral immunodeficiency (PI); ASCENIV, an IVIG product for the treatment of PI; and Nabi-HB for the ... ADMA Profile

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