RSI low/high Values: [ 20 - 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 BJDX
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Bluejay Diagnostics, Inc. stock upgraded to Hold/Accumulate.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The Bluejay Diagnostics, Inc. stock price fell by -0.149% on the last day (Thursday, 28th Mar 2024) from $0.80 to $0.80. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 3.55% from a day low at $0.782 to a day high of $0.81. The price has fallen in 7 of the last 10 days and is down by -2.7% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -17 thousand shares and in total, 15 thousand shares were bought and sold for approximately $12.31 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -23.04% during the next 3 months and, with a 90% probability hold a price between $0.484 and $0.722 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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BJDX Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, February 26, 2024, and so far it has risen 9.22%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Bluejay Diagnostics, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $0.81 and $0.81. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Bluejay Diagnostics, Inc. stock

Bluejay Diagnostics, Inc. finds support from accumulated volume at $0.780 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0278 between high and low, or 3.55%. For the last week the stock has had daily average volatility of 5.40%.

Our recommended stop-loss: $0.756 (-5.83%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 23 days ago.)

Trading Expectations (BJDX) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Bluejay Diagnostics, Inc. to open at $0.798, and during the day (based on 14 day Average True Range), to move between $0.746 and $0.86, which gives a possible trading interval of +/-$0.0568 (+/-7.08%) up or down from last closing price. If Bluejay Diagnostics, Inc. takes out the full calculated possible swing range there will be an estimated 14.16% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.780 (2.84%) than the resistance at $0.86 (7.30%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Bluejay Diagnostics, Inc. stock A Buy?

Bluejay Diagnostics, Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.517 Hold/Accumulate Upgraded

Predicted Opening Price for Bluejay Diagnostics, Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.798 ( 0.573%) $0.80

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

Trading levels for BJDX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.83 2.89 %
R2 0.82 1.57 %
R1 0.81 0.750 %
Current price: 0.80
Support S1 0.788 -1.90 %
S2 0.781 -2.71 %
S3 0.770 -4.04 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.90 12.02 %
R2 0.87 8.58 %
R1 0.86 7.30 %
Current price 0.80
Support S1 0.780 -2.84%
S2 0.772 -3.84%
S3 0.771 -3.96%

FAQ

What is the symbol for Bluejay Diagnostics, Inc. Stock and on which exchange is it traded?
The symbol for Bluejay Diagnostics, Inc. is BJDX and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Bluejay Diagnostics, Inc. Stock?
Bluejay Diagnostics, Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

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

What's the current price of Bluejay Diagnostics, Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Bluejay Diagnostics, Inc. (BJDX) share was $0.80.

What is the 52-week high and low for Bluejay Diagnostics, Inc. Stock?
The 52-week high for Bluejay Diagnostics, Inc. Stock is $13.98 and the 52-week low is $0.732.

What is the market capitalization of Bluejay Diagnostics, Inc. Stock?
As of the 2024-03-28, the market capitalization of Bluejay Diagnostics, Inc. is 994.782K.

When is the next earnings date for Bluejay Diagnostics, Inc.?
The upcoming earnings date for Bluejay Diagnostics, Inc. is Apr 01, 2024.
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About Bluejay Diagnostics, Inc.

Bluejay Diagnostics. Bluejay Diagnostics, Inc., a diagnostic company, develops and markets patient products for triage, diagnosis, and monitoring of disease progression in the United States. It is developing Symphony platform, a technology platform comprising Symphony Fluorescence Immuno-analyzer that orchestrates blood processing, biomarker isolation, and immunoassay preparation using non-contact centrifugal force; and Symphony Cartridge Library, which includes reag... BJDX Profile

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