Big movements in NSAV Holding, Inc. stock price on Tuesday moving 177.82% between high and lowStockInvest.us, 2 months ago
The NSAV Holding, Inc. stock price fell by -63.42% on the last day (Tuesday, 10th Aug 2021) from $0.0580 to $0.0212. and has now fallen 5 days in a row. During the day the stock fluctuated 177.82% from a day low at $0.0124 to a day high of $0.0345. The price has been going up and down for this period, and there has been a -53.91% loss for the last 2 weeks. Volume has increased on the last day by 311 million 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, 840 million shares were bought and sold for approximately $17.80 million.
Given the current short-term trend, the stock is expected to rise 136.24% during the next 3 months and, with a 90% probability hold a price between $0.0501 and $0.30 at the end of this 3-month period.
Furthermore, there is a buy signal from the 3 months 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 NSAV Holding, 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 $0.0869 and $0.0399. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, August 02, 2021, and so far it has fallen -82.09%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
On the downside, the stock finds support just below today's level from accumulated volume at $0.0197.With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0 may give a huge drop in the stock price.
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 $0.0221 between high and low, or 177.82%. For the last week, the stock has had a daily average volatility of 80.14%.
The NSAV Holding, Inc. stock holds several negative signals and despite the positive trend, we believe NSAV Holding, 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 Sell candidate.Check full NSAV Holding, Inc. forecast and analysis here.