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Stop-loss: $5.78 (-4.03%)
Key Stats
Beta 0.53
* uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 50 and the stock is currently not being overbought or oversold

Red day on Friday for Com Holding Companies stock after losing 1.63% (Updated on July 30, 2021)

Buy candidate since 2021-07-29 Loss -1.63%

The Com Holding Companies stock price fell by -1.63% on the last day (Friday, 30th Jul 2021) from $6.12 to $6.02. During the day the stock fluctuated 4.62% from a day low at $5.84 to a day high of $6.11. The price has risen in 7 of the last 10 days and is up by 9.85% over the past 2 weeks. 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 -98 thousand shares and in total, 27 thousand shares were bought and sold for approximately $162.35 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 -2.71% during the next 3 months and, with a 90% probability hold a price between $5.30 and $6.83 at the end of this 3-month period.

Signals & Forecast

The Com Holding Companies stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $5.90 and $5.93. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, July 16, 2021, and so far it has risen 9.85%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 months Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. 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.

Support, Risk & Stop-loss

On the downside, the stock finds support just below today's level from accumulated volume at $5.69 and $5.53. There is 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, Com Holding Companies finds support just below today's level at $5.69. If this is broken, then the next support from accumulated volume will be at $5.53 and $5.04.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.27 between high and low, or 4.62%. For the last week the stock has had a daily average volatility of 5.68%.

Our recommended stop-loss: $5.78 (-4.03%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 10 days ago.)

Is Comstock Holding Companies stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 2.225

Predicted Opening Price for Comstock Holding Companies of Monday, August 2, 2021

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

Fair opening price August 2, 2021 Current price
$5.99 $6.02 (Overvalued)
Buy Candidate Unchanged

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5.68 %
Daily Average Volatility
Overall Risk

Very High
Very Low

Support & Resistance

Resistance: $6.79
Price: $6.02
Support: $5.69

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 6.26 3.99 %
6.16 2.27 %
6.09 1.21 %
Current price: 6.02
Support 5.89 -2.21 %
5.82 -3.27 %
5.72 -4.98 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 7.19 19.44 %
7.07 17.44 %
6.79 12.79 %
Current price 6.02
Support 5.69 -5.48%
5.53 -8.14%
5.04 -16.28%

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About Comstock Holding Companies

Comstock Holding Companies Comstock Holding Companies, Inc. operates as a real estate development and construction services company primarily in the Washington, D.C. metropolitan area. It operates through three segments: Homebuilding, Multi-Family, and Real Estate Services. The company builds multi-family units, single-family homes, townhouses, mid-rise condominiums, high-rise multi-family condominiums, and residential and commercial developments. It also provides real est... Read more

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