Volatile ride for NSAV Holding, Inc. stock price on Tuesday moving between $0.0711 and $0.13StockInvest.us, 1 month ago
The NSAV Holding, Inc. stock price fell by -17.99% on the last day (Tuesday, 3rd Aug 2021) from $0.12 to $0.0971. During the day the stock fluctuated 81.43% from a day low at $0.0711 to a day high of $0.13. The price has risen in 5 of the last 10 days and is up by 113.17% over the past 2 weeks. Volume has increased on the last day by 47 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, 334 million shares were bought and sold for approximately $32.41 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 79.33% during the next 3 months and, with a 90% probability hold a price between $0.0477 and $0.21 at the end of this 3-month period.
The NSAV Holding, Inc. 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 $0.0765 and $0.0297. A breakdown below any of these levels will issue sell signals. 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 -17.99%. 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.
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 $0.0579 between high and low, or 81.43%. For the last week, the stock has had a daily average volatility of 43.32%.
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 NSAV Holding, Inc. stock to perform well in the short-term.We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.Check full NSAV Holding, Inc. forecast and analysis here.