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 CCRN
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Red day on Wednesday for Cross Country Healthcare
(Updated on Mar 27, 2024)

Sell candidate since Mar 26, 2024 PDF

No changes to the price of Cross Country Healthcare stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 2.42% from a day low at $18.18 to a day high of $18.62. The price has fallen in 5 of the last 10 days but is still up by 5.19% over the past 2 weeks.

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $18.46 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -24.89% during the next 3 months and, with a 90% probability hold a price between $11.98 and $13.86 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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CCRN Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 9.31%. 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). The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Cross Country Healthcare 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 $18.62 and $18.52. A break-up above any of these levels will issue buy signals.

Support, Risk & Stop-loss for Cross Country Healthcare stock

Cross Country Healthcare finds support from accumulated volume at $17.55 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 $0.440 between high and low, or 2.42%. For the last week, the stock has had daily average volatility of 2.95%.

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

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

For the upcoming trading day on Thursday, 28th we expect Cross Country Healthcare to open at $18.41, and during the day (based on 14 day Average True Range), to move between $17.63 and $19.23, which gives a possible trading interval of +/-$0.796 (+/-4.32%) up or down from last closing price. If Cross Country Healthcare takes out the full calculated possible swing range there will be an estimated 8.64% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $17.55 (4.77%) than the resistance at $21.25 (15.30%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Cross Country Healthcare stock A Buy?

Cross Country Healthcare holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -3.373 Sell Candidate Unchanged

Predicted Opening Price for Cross Country Healthcare of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$18.41 ( 0.109%) $18.43

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

Trading levels for CCRN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 18.85 2.28 %
R2 18.68 1.37 %
R1 18.58 0.80 %
Current price: 18.43
Support S1 18.24 -1.02 %
S2 18.14 -1.58 %
S3 17.97 -2.50 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 21.81 18.34 %
R2 21.75 18.01 %
R1 21.25 15.30 %
Current price 18.43
Support S1 17.55 -4.77%
S2 17.13 -7.05%
S3 16.99 -7.81%

FAQ

What is the symbol for Cross Country Healthcare Stock and on which exchange is it traded?
The symbol for Cross Country Healthcare is CCRN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Cross Country Healthcare Stock?
Cross Country Healthcare holds several negative signals and we believe that 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 Cross Country Healthcare Stock?
Cross Country Healthcare Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Cross Country Healthcare Stock.

What's the current price of Cross Country Healthcare Stock?
As of the end of day on the 2024-03-27, the price of an Cross Country Healthcare (CCRN) share was $18.43.

What is the 52-week high and low for Cross Country Healthcare Stock?
The 52-week high for Cross Country Healthcare Stock is $28.75 and the 52-week low is $15.65.

What is the market capitalization of Cross Country Healthcare Stock?
As of the 2024-03-27, the market capitalization of Cross Country Healthcare is 639.995M.

When is the next earnings date for Cross Country Healthcare?
The upcoming earnings date for Cross Country Healthcare is May 01, 2024.
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About Cross Country Healthcare

Cross Country Healthcare Cross Country Healthcare, Inc. provides talent management and other consultative services for healthcare clients in the United States. The company operates in two segments, Nurse and Allied Staffing and Physician Staffing. The Nurse and Allied Staffing segment offers traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, local nurses, and allied staffing; staffing solutions for registered nurs... CCRN Profile

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