14-day Premium Trial Subscription Try For FreeGet Free
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 CAMP
Powered by GPT-4
Stock Analysis
Risk Assessment
Trading Strategy

CalAmp Corp. stock price up 1.5873015873016% on Friday
(Updated on Dec 08, 2023)

Sell candidate since Dec 07, 2023 Gain 1.59% PDF
The CalAmp Corp. stock price gained 1.5873015873016% on the last trading day (Friday, 8th Dec 2023), rising from $0.315 to $0.320. During the last trading day the stock fluctuated 8.44% from a day low at $0.295 to a day high of $0.320. The price has fallen in 6 of the last 10 days and is down by -13.51% for this period. Volume fell on the last day by -178 thousand shares and in total, 136 thousand shares were bought and sold for approximately $43.41 thousand. 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.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

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 -29.52% during the next 3 months and, with a 90% probability hold a price between $0.121 and $0.254 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.

CAMP Signals & Forecast

The CalAmp Corp. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $0.325. On a fall, the stock will find some support from the long-term average at approximately $0.310. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Wednesday, November 15, 2023, and so far it has fallen -19.76%. 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 during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Maximize Your Market Edge: Go Premium for In-Depth AI-Powered Stock Research and Exclusive Lists! 🚀

Support, Risk & Stop-loss for CalAmp Corp. stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.293 and $0.280. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, CalAmp Corp. finds support just below today's level at $0.293. If this is broken, then the next support from accumulated volume will be at $0.280 and $0.247.

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 $0.0249 between high and low, or 8.44%. For the last week the stock has had daily average volatility of 9.62%.

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

Trading Expectations (CAMP) For The Upcoming Trading Day Of Monday 11th

For the upcoming trading day on Monday, 11th we expect CalAmp Corp. to open at $0.312, and during the day (based on 14 day Average True Range), to move between $0.280 and $0.360, which gives a possible trading interval of +/-$0.0405 (+/-12.64%) up or down from last closing price. If CalAmp Corp. takes out the full calculated possible swing range there will be an estimated 25.29% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.340 (6.25%) than the support at $0.293 (8.59%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is CalAmp Corp. stock A Buy?

CalAmp Corp. 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.

Current score: -2.069 Open Broker Account

Sell Candidate Unchanged

Predicted Opening Price for CalAmp Corp. of Monday, December 11, 2023

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

Fair opening price December 11, 2023 Current price
$0.312 $0.320 (Overvalued)

Remember To Visit Our YouTube Channel

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.337 5.19 %
R2 0.327 2.22 %
R1 0.321 0.379 %
Current price: 0.320
Support S1 0.302 -5.57 %
S2 0.296 -7.40 %
S3 0.287 -10.38 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.399 24.63 %
R2 0.395 23.44 %
R1 0.340 6.25 %
Current price 0.320
Support S1 0.293 -8.59%
S2 0.280 -12.50%
S3 0.247 -22.81%
What is the symbol for CalAmp Corp. Stock and on which exchange is it traded?
The symbol for CalAmp Corp. is CAMP and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell CalAmp Corp. Stock?
CalAmp Corp. 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.

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

What's the current price of CalAmp Corp. Stock?
As of the end of day on the 2023-12-08, the price of an CalAmp Corp. (CAMP) share was $0.320.

What is the 52-week high and low for CalAmp Corp. Stock?
The 52-week high for CalAmp Corp. Stock is $5.36 and the 52-week low is $0.220.

What is the market capitalization of CalAmp Corp. Stock?
As of the 2023-12-08, the market capitalization of CalAmp Corp. is 11.94M.

Click to get the best stock tips daily for free!

About CalAmp Corp.

CalAmp . CalAmp Corp., a connected intelligence company, provides leverages a data-driven solutions ecosystem to people and organizations in the United States, Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and internationally. The company operates in two segments, Software & Subscription Services and Telematics Products. It provides CalAmp Telematics Cloud platform, such as cloud-based application enablement and telematics service plat... CAMP Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE