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 ICAD
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Green day on Wednesday for icad inc.
(Updated on Mar 27, 2024)

Hold candidate since Mar 26, 2024 Gain 1.59% PDF

The icad inc. stock price gained 1.59% on the last trading day (Wednesday, 27th Mar 2024), rising from $1.58 to $1.60. During the last trading day the stock fluctuated 5.09% from a day low at $1.54 to a day high of $1.62. The price has risen in 5 of the last 10 days but is still down by -11.11% for this period. Volume fell on the last day by -26 thousand shares and in total, 98 thousand shares were bought and sold for approximately $156.61 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 weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.86% during the next 3 months and, with a 90% probability hold a price between $1.43 and $2.35 at the end of this 3-month period.

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ICAD Signals & Forecast

There are mixed signals in the stock today. The icad inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $1.61. On a fall, the stock will find some support from the short-term average at $1.57. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 7.38%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss for icad inc. stock

icad inc. finds support from accumulated volume at $1.57 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 $0.0784 between high and low, or 5.09%. For the last week the stock has had daily average volatility of 4.86%.

Our recommended stop-loss: $1.54 (-3.98%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 7 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect icad inc. to open at $1.59, and during the day (based on 14 day Average True Range), to move between $1.46 and $1.74, which gives a possible trading interval of +/-$0.142 (+/-8.87%) up or down from last closing price. If icad inc. takes out the full calculated possible swing range there will be an estimated 17.74% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.57 (1.88%) than the resistance at $1.73 (8.12%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is icad inc. stock A Buy?

icad inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.682 Hold/Accumulate Unchanged

Predicted Opening Price for icad inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$1.59 ( 0.86%) $1.60

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

Trading levels for ICAD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.66 4.04 %
R2 1.63 2.17 %
R1 1.62 1.01 %
Current price: 1.60
Support S1 1.56 -2.73 %
S2 1.54 -3.89 %
S3 1.51 -5.76 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.96 22.50 %
R2 1.76 10.00 %
R1 1.73 8.12 %
Current price 1.60
Support S1 1.57 -1.88%
S2 1.40 -12.50%
S3 1.35 -15.63%

FAQ

What is the symbol for icad inc. Stock and on which exchange is it traded?
The symbol for icad inc. is ICAD and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell icad inc. Stock?
icad inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy icad inc. Stock?
icad 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 icad inc. Stock.

What's the current price of icad inc. Stock?
As of the end of day on the 2024-03-27, the price of an icad inc. (ICAD) share was $1.60.

What is the 52-week high and low for icad inc. Stock?
The 52-week high for icad inc. Stock is $3.97 and the 52-week low is $1.05.

What is the market capitalization of icad inc. Stock?
As of the 2024-03-27, the market capitalization of icad inc. is 41.506M.

When is the next earnings date for icad inc.?
The upcoming earnings date for icad inc. is May 13, 2024.
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About icad inc.

icad. iCAD, Inc. provides image analysis, workflow solutions, and radiation therapy for the treatment of cancer in the United States. It operates through two segments, Cancer Detection and Cancer Therapy. The company offers PowerLook platform, which hosts the AI algorithm solutions and manages the communications between imaging acquisition systems, and image storage and review systems; SecondLook, a machine learning-based cancer detection algorithm tha... ICAD Profile

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