14-day Premium Trial Subscription Try For FreeTry 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 CCRN
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Cross Country Healthcare stock price ended on $18.27 on Thursday after losing 2.30%
(Updated on Feb 29, 2024)

Sell candidate since Feb 16, 2024 Gain 4.10% PDF
The Cross Country Healthcare stock price fell by -2.30% on the last day (Thursday, 29th Feb 2024) from $18.70 to $18.27. During the last trading day the stock fluctuated 3.95% from a day low at $18.22 to a day high of $18.94. The price has been going up and down for this period, and there has been a -10.09% loss for the last 2 weeks. Volume has increased on the last day by 47 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 615 thousand shares were bought and sold for approximately $11.24 million.

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 -12.97% during the next 3 months and, with a 90% probability hold a price between $14.56 and $18.90 at the end of this 3-month period.

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

CCRN Signals & Forecast

There are few to no technical positive signals at the moment. The Cross Country Healthcare stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $20.49. On a fall, the stock will find some support from the short-term average at $17.66. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Wednesday, February 28, 2024, and so far it has fallen -2.30%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Cross Country Healthcare stock

Cross Country Healthcare finds support from accumulated volume at $17.55 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 much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.720 between high and low, or 3.95%. For the last week, the stock has had daily average volatility of 4.87%.

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

Trading Expectations (CCRN) For The Upcoming Trading Day Of Friday 1st

For the upcoming trading day on Friday, 1st we expect Cross Country Healthcare to open at $18.47, and during the day (based on 14 day Average True Range), to move between $17.26 and $19.28, which gives a possible trading interval of +/-$1.01 (+/-5.52%) up or down from last closing price. If Cross Country Healthcare takes out the full calculated possible swing range there will be an estimated 11.04% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $17.55 (3.94%) than the resistance at $20.96 (14.72%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Cross Country Healthcare stock A Buy?

Cross Country Healthcare 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: -4.121 Sell Candidate Unchanged

Predicted Opening Price for Cross Country Healthcare of Friday, March 1, 2024

Fair opening price March 1, 2024 Current price
$18.47 ( 1.11%) $18.27

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

News Digest

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 19.19 5.05 %
R2 18.92 3.55 %
R1 18.75 2.62 %
Current price: 18.27
Support S1 18.20 -0.392 %
S2 18.03 -1.32 %
S3 17.75 -2.83 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 21.81 19.38 %
R2 21.75 19.05 %
R1 20.96 14.72 %
Current price 18.27
Support S1 17.55 -3.94%
S2 17.47 -4.38%
S3 16.99 -7.01%

FAQ

What is the symbol for Cross Country Healthcare Stock and on which exchange is it traded?
The symbol for Cross Country Healthcare is CCRN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Cross Country Healthcare Stock?
Cross Country Healthcare 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 Cross Country Healthcare Stock?
Cross Country Healthcare Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Cross Country Healthcare Stock.

What's the current price of Cross Country Healthcare Stock?
As of the end of day on the 2024-02-29, the price of an Cross Country Healthcare (CCRN) share was $18.27.

What is the 52-week high and low for Cross Country Healthcare Stock?
The 52-week high for Cross Country Healthcare Stock is $28.75 and the 52-week low is $15.65.

What is the market capitalization of Cross Country Healthcare Stock?
As of the 2024-02-29, the market capitalization of Cross Country Healthcare is 649.371M.

When is the next earnings date for Cross Country Healthcare?
The upcoming earnings date for Cross Country Healthcare is May 01, 2024.

Click to get the best stock tips daily for free!

About Cross Country Healthcare

Cross Country Healthcare Cross Country Healthcare, Inc. provides talent management and other consultative services for healthcare clients in the United States. The company operates in two segments, Nurse and Allied Staffing and Physician Staffing. The Nurse and Allied Staffing segment offers traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, local nurses, and allied staffing; staffing solutions for registered nurs... CCRN 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

ROCKIT