RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BODY
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The Beachbody Company, Inc. stock price ended at $8.14 on Wednesday, after losing 0%.
(Updated on Mar 27, 2024)

Hold candidate since Mar 05, 2024 PDF

No changes to the price of The Beachbody Company, Inc. stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 0% from a day low at $8.14 to a day high of $8.14. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

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 -18.27% during the next 3 months and, with a 90% probability hold a price between $5.17 and $8.87 at the end of this 3-month period.

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BODY Signals & Forecast

There are mixed signals in the stock today. The The Beachbody Company, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $8.14 and $8.61. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Friday, March 01, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation

Support, Risk & Stop-loss for The Beachbody Company, Inc. stock

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.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $7.65 (-6.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 18 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect The Beachbody Company, Inc. to open at $8.14, and during the day (based on 14 day Average True Range), to move between $7.94 and $8.34, which gives a possible trading interval of +/-$0.199 (+/-2.45%) up or down from last closing price. If The Beachbody Company, Inc. takes out the full calculated possible swing range there will be an estimated 4.90% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $8.23, some $0.0900 (1.11%) from the current price of $8.14, our system finds the risk reward not very attractive.

Is The Beachbody Company, Inc. stock A Buy?

The Beachbody Company, 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.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for The Beachbody Company, Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$8.14 ( 0%) $8.14

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

Trading levels for BODY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 8.14 .
R2 8.14 .
R1 8.14 .
Current price: 8.14
Support S1 8.14 .
S2 8.14 .
S3 8.14 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 8.81 8.23 %
R2 8.43 3.56 %
R1 8.23 1.11 %
Current price 8.14
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for The Beachbody Company, Inc. Stock and on which exchange is it traded?
The symbol for The Beachbody Company, Inc. is BODY and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell The Beachbody Company, Inc. Stock?
The Beachbody Company, 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.

How to buy The Beachbody Company, Inc. Stock?
The Beachbody Company, 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 The Beachbody Company, Inc. Stock.

What's the current price of The Beachbody Company, Inc. Stock?
As of the end of day on the 2024-03-27, the price of an The Beachbody Company, Inc. (BODY) share was $8.14.

What is the 52-week high and low for The Beachbody Company, Inc. Stock?
The 52-week high for The Beachbody Company, Inc. Stock is $13.45 and the 52-week low is $0.130.

What is the market capitalization of The Beachbody Company, Inc. Stock?
As of the 2024-03-27, the market capitalization of The Beachbody Company, Inc. is 55.604M.

When is the next earnings date for The Beachbody Company, Inc.?
The upcoming earnings date for The Beachbody Company, Inc. is May 06, 2024.
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About The Beachbody Company, Inc.

The Beachbody Company. The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs. It operates in two segments, Beachbody and Other. The company operates Beachbody on Demand, a digital subscription platform that provides access to a library of live and on-demand fitness and nutrition content; and Openfit, a digital streaming platform that provides digital fitness and wellness resource. It also o... BODY Profile

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