High volatility in Nebius Group N.v. stock price on Thursday which ended trading at $46.25

The Nebius Group N.v. stock price gained 3.17% on the last trading day (Thursday, 20th Feb 2025), rising from $44.83 to $46.25. During the last trading day the stock fluctuated 26.30% from a day low at $38.50 to a day high of $48.63. The price has risen in 8 of the last 10 days and is up by 36.31% 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, 18 million more shares were traded than the day before. In total, 36 million shares were bought and sold for approximately $1.67 billion.

The stock lies in the upper part of a very wide and strong rising 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 $48.62 will firstly indicate a stronger rate of rising.Given the current short-term trend, the stock is expected to rise 50.71% during the next 3 months and, with a 90% probability hold a price between $46.41 and $73.28 at the end of this 3-month period.

The Nebius Group N.v. 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 $43.72 and $35.87. A breakdown below any of these levels will issue sell signals. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, February 18, 2025, and so far it has fallen -3.79%. Further fall is indicated until a new bottom pivot has been found.

Nebius Group N.v. finds support from accumulated volume at $44.83 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 $10.13 between high and low, or 26.30%. For the last week, the stock has had daily average volatility of 13.08%.

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Nebius Group N.v. stock to perform well in the short-term.