High volatility in NSAV Holding, Inc. stock price on Monday which ended trading at $0.0580StockInvest.us, 5 months ago
The NSAV Holding, Inc. stock price fell by -40.20% on the last day (Monday, 9th Aug 2021) from $0.0969 to $0.0580. and has now fallen 4 days in a row. During the day the stock fluctuated 132.04% from a day low at $0.0515 to a day high of $0.12. The price has been going up and down for this period, and there has been a 18.51% gain for the last 2 weeks. Volume has increased on the last day by 424 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, 529 million shares were bought and sold for approximately $30.63 million.
The stock lies in the middle of a very wide and strong 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 148.16% during the next 3 months and, with a 90% probability hold a price between $0.0927 and $0.31 at the end of this 3-month period.
The NSAV Holding, Inc. stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $0.0979. On a fall, the stock will find some support from the long-term average at approximately $0.0395. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Monday, August 02, 2021, and so far it has fallen -51.06%. 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 $0.0456 and $0.0440.There is 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, NSAV Holding, Inc. finds support just below today's level at $0.0456. If this is broken, then the next support from accumulated volume will be at $0.0440 and $0.0439.
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 $0.0680 between high and low, or 132.04%. For the last week, the stock has had a daily average volatility of 60.87%.
NSAV Holding, 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.Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.Check full NSAV Holding, Inc. forecast and analysis here.