RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ATOS
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Big movements in Atossa Genetics stock price on Wednesday moving 10.00% between high and low
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 06, 2024 Gain 104.47% PDF

The Atossa Genetics stock price gained 1.67% on the last trading day (Wednesday, 27th Mar 2024), rising from $1.80 to $1.83. During the last trading day the stock fluctuated 10.00% from a day low at $1.70 to a day high of $1.87. The price has risen in 6 of the last 10 days and is up by 45.24% over the past 2 weeks. Volume fell on the last day by -2 million shares and in total, 2 million shares were bought and sold for approximately $3.61 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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 $1.91 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 59.97% during the next 3 months and, with a 90% probability hold a price between $1.92 and $3.06 at the end of this 3-month period.

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ATOS Signals & Forecast

The Atossa Genetics 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 $1.72 and $1.20. 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 fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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, March 25, 2024, and so far it has fallen -3.17%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Atossa Genetics stock

Atossa Genetics finds support from accumulated volume at $1.80 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 $0.170 between high and low, or 10.00%. For the last week, the stock has had daily average volatility of 11.35%.

The Atossa Genetics stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $1.76 (-4.02%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 81 and this increases the risk substantially. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (ATOS) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Atossa Genetics Inc. to open at $1.80, and during the day (based on 14 day Average True Range), to move between $1.69 and $1.97, which gives a possible trading interval of +/-$0.139 (+/-7.62%) up or down from last closing price. If Atossa Genetics Inc. takes out the full calculated possible swing range there will be an estimated 15.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.80 (1.64%) than the resistance at $1.89 (3.28%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Atossa Genetics Inc. stock A Buy?

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 Atossa Genetics stock to perform well in the short-term.

Current score: 3.848 Buy Candidate Unchanged

Predicted Opening Price for Atossa Genetics Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$1.80 ( 1.64%) $1.83

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ATOS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.97 7.65 %
R2 1.91 4.10 %
R1 1.86 1.91 %
Current price: 1.83
Support S1 1.74 -5.19 %
S2 1.69 -7.38 %
S3 1.63 -10.93 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 1.89 3.28 %
Current price 1.83
Support S1 1.80 -1.64%
S2 1.63 -10.93%
S3 1.55 -15.30%

FAQ

What is the symbol for Atossa Genetics Stock and on which exchange is it traded?
The symbol for Atossa Genetics is ATOS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Atossa Genetics Stock?
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 Atossa Genetics stock to perform well in the short-term.

How to buy Atossa Genetics Stock?
Atossa Genetics Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Atossa Genetics Stock.

What's the current price of Atossa Genetics Stock?
As of the end of day on the 2024-03-27, the price of an Atossa Genetics (ATOS) share was $1.83.

What is the 52-week high and low for Atossa Genetics Stock?
The 52-week high for Atossa Genetics Stock is $1.94 and the 52-week low is $0.590.

What is the market capitalization of Atossa Genetics Stock?
As of the 2024-03-27, the market capitalization of Atossa Genetics is 229.306M.

When is the next earnings date for Atossa Genetics?
The upcoming earnings date for Atossa Genetics is Mar 27, 2024.
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About Atossa Genetics Inc.

Atossa Genetics Atossa Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery and development of medicines in the areas of oncology and infectious diseases. The company's lead program is Endoxifen, an active metabolite of tamoxifen, which is in Phase II clinical trials to treat and prevent breast cancer. It is also developing AT-H201, an inhalation therapy to improve lung function in severely ill and hospitalized COVID-19 patien... ATOS Profile

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