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.
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Iveda Solutions, Inc. stock downgraded to Strong Sell Candidate
(Updated on Mar 27, 2024)

Sell candidate since Mar 27, 2024 PDF

The Iveda Solutions, Inc. stock price fell by -0.557% on the last day (Wednesday, 27th Mar 2024) from $0.83 to $0.82. During the last trading day the stock fluctuated 8.07% from a day low at $0.81 to a day high of $0.87. The price has fallen in 6 of the last 10 days but is still up by 12.27% over the past 2 weeks. Volume has increased on the last day by 26 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, 71 thousand shares were bought and sold for approximately $58.45 thousand.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.735 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 36.90% during the next 3 months and, with a 90% probability hold a price between $1.01 and $1.66 at the end of this 3-month period.

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IVDA Signals & Forecast

There are few to no technical positive signals at the moment. The Iveda Solutions, 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 $0.84 and $0.83. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, February 20, 2024, and so far it has fallen -23.44%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Iveda Solutions, Inc. 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 Iveda Solutions, Inc. stock

Iveda Solutions, Inc. finds support from accumulated volume at $0.81 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 very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0650 between high and low, or 8.07%. For the last week, the stock has had daily average volatility of 8.13%.

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

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

For the upcoming trading day on Thursday, 28th we expect Iveda Solutions, Inc. to open at $0.83, and during the day (based on 14 day Average True Range), to move between $0.731 and $0.91, which gives a possible trading interval of +/-$0.0894 (+/-10.89%) up or down from last closing price. If Iveda Solutions, Inc. takes out the full calculated possible swing range there will be an estimated 21.77% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.81 (1.30%) than the resistance at $0.99 (20.37%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Iveda Solutions, Inc. stock A Buy?

The Iveda Solutions, Inc. stock holds several negative signals and despite the positive trend, we believe Iveda Solutions, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Strong Sell candidate.

Current score: -5.865 Strong Sell Candidate Downgraded

Predicted Opening Price for Iveda Solutions, Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$0.83 ( 1.36%) $0.82

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

Trading levels for IVDA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.90 9.28 %
R2 0.87 6.26 %
R1 0.86 4.39 %
Current price: 0.82
Support S1 0.81 -1.66 %
S2 0.792 -3.53 %
S3 0.767 -6.56 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.01 23.07 %
R2 0.99 20.63 %
R1 0.99 20.37 %
Current price 0.82
Support S1 0.81 -1.30%
S2 0.731 -10.93%
S3 0.719 -12.39%

FAQ

What is the symbol for Iveda Solutions, Inc. Stock and on which exchange is it traded?
The symbol for Iveda Solutions, Inc. is IVDA and it is traded on the PINK (Pink Sheets).

Should I buy or sell Iveda Solutions, Inc. Stock?
The Iveda Solutions, Inc. stock holds several negative signals and despite the positive trend, we believe Iveda Solutions, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Strong Sell candidate.

How to buy Iveda Solutions, Inc. Stock?
Iveda Solutions, 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 Iveda Solutions, Inc. Stock.

What's the current price of Iveda Solutions, Inc. Stock?
As of the end of day on the 2024-03-27, the price of an Iveda Solutions, Inc. (IVDA) share was $0.82.

What is the 52-week high and low for Iveda Solutions, Inc. Stock?
The 52-week high for Iveda Solutions, Inc. Stock is $1.90 and the 52-week low is $0.550.

What is the market capitalization of Iveda Solutions, Inc. Stock?
As of the 2024-03-27, the market capitalization of Iveda Solutions, Inc. is 13.271M.

When is the next earnings date for Iveda Solutions, Inc.?
The upcoming earnings date for Iveda Solutions, Inc. is Mar 29, 2024.
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About Iveda Solutions, Inc.

Iveda Solutions. Iveda Solutions, Inc. provides artificial intelligence (AI) and digital transformation technologies in the United States and Taiwan. The company offers IvedaAI, a deep-learning video analytics software; IvedaPinpoint, a solution that manages Bluetooth trackers and sensors, and displays them on a map for exact location; Sentir Video, a video surveillance solution for various kinds of applications; Cerebro, a software technology platform that integ... IVDA Profile

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