High volatility in BigBear.ai Holdings stock price on Monday which ended trading at $3.67

The BigBear.ai Holdings stock price gained 8.59% on the last trading day (Monday, 9th Dec 2024), rising from $3.38 to $3.67. It has now gained 3 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 26.48% from a day low at $3.55 to a day high of $4.49. The price has risen in 6 of the last 10 days and is up by 50.2% 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, 33 million more shares were traded than the day before. In total, 103 million shares were bought and sold for approximately $377.05 million.

On Oct 15, 2024, it was reported that H.C. Wainwright gave BBAI a "Buy" grade with a "hold" action.

The stock has broken the very 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 $2.62, a level that may pose a second chance to hit a runner.

The BigBear.ai Holdings 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 $2.83 and $2.02. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, November 26, 2024, and so far it has risen 73.69%. 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). Volume is rising along with the price. This is considered to be a good technical signal.

On the downside, the stock finds support just below today's level from accumulated volume at $3.38 and $2.86.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, BigBear.ai Holdings finds support just below today's level at $3.38. If this is broken, then the next support from accumulated volume will be at $2.86 and $2.84.

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 $0.94 between high and low, or 26.48%. For the last week, the stock has had daily average volatility of 24.41%.

BigBear.ai Holdings 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.