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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 CGRA
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Volatile ride for CGrowth Capital, Inc. stock price on Tuesday moving between $0.0032 and $0.0040
(Updated on May 14, 2024)

Sell candidate since May 06, 2024 PDF

The CGrowth Capital, Inc. stock price fell by -3.03% on the last day (Tuesday, 14th May 2024) from $0.0033 to $0.0032. During the last trading day the stock fluctuated 25.00% from a day low at $0.0032 to a day high of $0.0040. The price has fallen in 5 of the last 10 days but is still up by 3.23% over the past 2 weeks. Volume has increased on the last day by 71 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, 410 thousand shares were bought and sold for approximately $1.31 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 -26.89% during the next 3 months and, with a 90% probability hold a price between $0.0015 and $0.0033 at the end of this 3-month period.

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CGRA Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The CGrowth Capital, 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 $0.0032 and $0.0036. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 03, 2024, and so far it has fallen -17.95%. Further fall is indicated until a new bottom pivot has been found. CGrowth Capital, Inc. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for CGrowth Capital, Inc. stock

CGrowth Capital, Inc. finds support from accumulated volume at $0.0031 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 $0.0008 between high and low, or 25.00%. For the last week, the stock has had daily average volatility of 16.14%.

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

Trading Expectations (CGRA) For The Upcoming Trading Day Of Wednesday 15th

For the upcoming trading day on Wednesday, 15th we expect CGrowth Capital, Inc. to open at $0.0035, and during the day (based on 14 day Average True Range), to move between $0.0026 and $0.0038, which gives a possible trading interval of +/-$0.0006 (+/-19.71%) up or down from last closing price. If CGrowth Capital, Inc. takes out the full calculated possible swing range there will be an estimated 39.41% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0031 (3.13%) than the resistance at $0.0036 (12.50%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is CGrowth Capital, Inc. stock A Buy?

CGrowth Capital, Inc. 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: -5.336 Strong Sell Candidate Downgraded

Predicted Opening Price for CGrowth Capital, Inc. of Wednesday, May 15, 2024

Fair opening price May 15, 2024 Current price
$0.0035 ( 8.33%) $0.0032

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

Trading levels for CGRA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0043 33.33 %
R2 0.0040 23.78 %
R1 0.0038 17.88 %
Current price: 0.0032
Support S1 0.0032 -1.22 %
S2 0.0030 -7.12 %
S3 0.0027 -16.67 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.0038 18.75 %
R2 0.0037 15.63 %
R1 0.0036 12.50 %
Current price 0.0032
Support S1 0.0031 -3.13%
S2 0.0030 -6.25%
S3 0.0029 -9.38%

FAQ

What is the symbol for CGrowth Capital, Inc. Stock and on which exchange is it traded?
The symbol for CGrowth Capital, Inc. is CGRA and it is traded on the PINK (Pink Sheets).

Should I buy or sell CGrowth Capital, Inc. Stock?
CGrowth Capital, Inc. 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 CGrowth Capital, Inc. Stock?
CGrowth Capital, 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 CGrowth Capital, Inc. Stock.

What's the current price of CGrowth Capital, Inc. Stock?
As of the end of day on the May 14, 2024, the price of an CGrowth Capital, Inc. (CGRA) share was $0.0032.

What is the 52-week high and low for CGrowth Capital, Inc. Stock?
The 52-week high for CGrowth Capital, Inc. Stock is $0.0265 and the 52-week low is $0.0025.

What is the market capitalization of CGrowth Capital, Inc. Stock?
As of the May 14, 2024, the market capitalization of CGrowth Capital, Inc. is 1.253M.
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About CGrowth Capital, Inc.

CGrowth Capital. CGrowth Capital, Inc. operates as a holding company for businesses and assets focusing on mining, minerals, and exploration activities in the United States. The company provides capital, processing applications, and various services for land owners specific to the oil and gas exploration, as well as mining and metal processing. It also provides a range of services and solutions that are designed to assist land owners with monetizing undervalued a... CGRA Profile

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