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 BOXL
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Boxlight Corp Class A stock price fell more than -7.89% Thursday closing at $0.654
(Updated on Mar 28, 2024)

Sell candidate since Mar 14, 2024 Loss -13.94% PDF

The Boxlight Corp Class A stock price fell by -7.89% on the last day (Thursday, 28th Mar 2024) from $0.710 to $0.654. During the last trading day the stock fluctuated 8.63% from a day low at $0.654 to a day high of $0.710. The price has fallen in 7 of the last 10 days and is down by -13.94% 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 -37 thousand shares and in total, 83 thousand shares were bought and sold for approximately $54.51 thousand.

The stock has broken the very wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($0.682) are considered to be a "second chance" to get out. According to the fan-theory $0.471 will represent the new bottom line of the next trend, but it is far too early to say this for certain.

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BOXL Signals & Forecast

There are few to no technical positive signals at the moment. The Boxlight Corp Class A 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 $0.713 and $0.81. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, March 12, 2024, and so far it has fallen -31.02%. Further fall is indicated until a new bottom pivot has been found. 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 Boxlight Corp Class A 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.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.0564 between high and low, or 8.63%. For the last week the stock has had daily average volatility of 7.68%.

Boxlight Corp Class A is oversold on RSI14 (17). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Monday, 1st we expect Boxlight Corp Class A to open at $0.672, and during the day (based on 14 day Average True Range), to move between $0.590 and $0.718, which gives a possible trading interval of +/-$0.0643 (+/-9.83%) up or down from last closing price. If Boxlight Corp Class A takes out the full calculated possible swing range there will be an estimated 19.65% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.721, some $0.0670 (10.24%) from the current price of $0.654, our system finds the risk reward not very attractive.

Is Boxlight Corp Class A stock A Buy?

Boxlight Corp Class A holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

Current score: -7.946 Strong Sell Candidate Downgraded

Predicted Opening Price for Boxlight Corp Class A of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.672 ( 2.82%) $0.654

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

Trading levels for BOXL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.729 11.45 %
R2 0.707 8.15 %
R1 0.694 6.12 %
Current price: 0.654
Support S1 0.651 -0.471 %
S2 0.638 -2.51 %
S3 0.616 -5.80 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.80 22.94 %
R2 0.760 16.19 %
R1 0.721 10.24 %
Current price 0.654
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for Boxlight Corp Class A Stock and on which exchange is it traded?
The symbol for Boxlight Corp Class A is BOXL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Boxlight Corp Class A Stock?
Boxlight Corp Class A holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

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

What's the current price of Boxlight Corp Class A Stock?
As of the end of day on the 2024-03-28, the price of an Boxlight Corp Class A (BOXL) share was $0.654.

What is the 52-week high and low for Boxlight Corp Class A Stock?
The 52-week high for Boxlight Corp Class A Stock is $2.68 and the 52-week low is $0.252.

What is the market capitalization of Boxlight Corp Class A Stock?
As of the 2024-03-28, the market capitalization of Boxlight Corp Class A is 6.761M.

When is the next earnings date for Boxlight Corp Class A?
The upcoming earnings date for Boxlight Corp Class A is May 08, 2024.
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About Boxlight Corp Class A

Boxlight  Class A Boxlight Corporation develops, sells, and services interactive classroom technology products and solutions for the K-12 education market worldwide. The company provides interactive and non-interactive projectors, interactive flat panel displays, interactive touch projectors, touchboards, and MimioTeach that could turn any whiteboard interactive; and accessory document cameras, teacher pads for remote control, and assessment systems under the Mimi... BOXL Profile

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