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 COMS
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COMSovereign Holding Corp. stock price ended at $0.170 on Thursday, after gaining 4.87%.
(Updated on Mar 28, 2024)

Sell candidate since Feb 06, 2024 Loss -64.06% PDF

The COMSovereign Holding Corp. stock price gained 4.87% on the last trading day (Thursday, 28th Mar 2024), rising from $0.162 to $0.170. During the last trading day the stock fluctuated 1.80% from a day low at $0.167 to a day high of $0.170. The price has fallen in 5 of the last 10 days and is down by -17.97% for this period. Volume fell on the last day by -823 shares and in total, 907 shares were bought and sold for approximately $154.19 . 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.

The stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $0.0766, a level that may pose a second chance to hit a runner. According to fan-theory $0.310 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. 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.

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COMS 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 COMSovereign Holding Corp. 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 $0.187 and $0.266. 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 05, 2024, and so far it has fallen -32.00%. Further fall is indicated until a new bottom pivot has been found. 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.

Support, Risk & Stop-loss for COMSovereign Holding Corp. stock

COMSovereign Holding Corp. finds support from accumulated volume at $0.162 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 periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.0030 between high and low, or 1.80%. For the last week the stock has had daily average volatility of 20.96%.

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

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

For the upcoming trading day on Monday, 1st we expect COMSovereign Holding Corp. to open at $0.169, and during the day (based on 14 day Average True Range), to move between $0.119 and $0.221, which gives a possible trading interval of +/-$0.0512 (+/-30.12%) up or down from last closing price. If COMSovereign Holding Corp. takes out the full calculated possible swing range there will be an estimated 60.25% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.162 (4.65%) than the resistance at $0.200 (17.65%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is COMSovereign Holding Corp. stock A Buy?

COMSovereign Holding 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: -7.213 Strong Sell Candidate Unchanged

Predicted Opening Price for COMSovereign Holding Corp. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.169 ( 0.588%) $0.170

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

Trading levels for COMS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.172 1.18 %
R2 0.171 0.502 %
R1 0.170 0.0859 %
Current price: 0.170
Support S1 0.168 -1.26 %
S2 0.167 -1.68 %
S3 0.166 -2.35 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.210 23.53 %
R2 0.201 18.24 %
R1 0.200 17.65 %
Current price 0.170
Support S1 0.162 -4.65%
S2 0.150 -11.76%
S3 0 .

FAQ

What is the symbol for COMSovereign Holding Corp. Stock and on which exchange is it traded?
The symbol for COMSovereign Holding Corp. is COMS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell COMSovereign Holding Corp. Stock?
COMSovereign Holding 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 COMSovereign Holding Corp. Stock?
COMSovereign Holding 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 COMSovereign Holding Corp. Stock.

What's the current price of COMSovereign Holding Corp. Stock?
As of the end of day on the 2024-03-28, the price of an COMSovereign Holding Corp. (COMS) share was $0.170.

What is the 52-week high and low for COMSovereign Holding Corp. Stock?
The 52-week high for COMSovereign Holding Corp. Stock is $2.95 and the 52-week low is $0.111.

What is the market capitalization of COMSovereign Holding Corp. Stock?
As of the 2024-03-28, the market capitalization of COMSovereign Holding Corp. is 458.191K.

When is the next earnings date for COMSovereign Holding Corp.?
The upcoming earnings date for COMSovereign Holding Corp. is Dec 05, 2024.
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About COMSovereign Holding Corp.

COMSovereign Holding . ComSovereign Holding Corp. designs, develops, markets, and sells technologically-advanced telecom solutions for network operators, mobile device carriers, governmental units, and other enterprises worldwide. The company designs, manufactures, and sells microwave packet radio equipment, such as backhaul telecom radios that transmit broadband voice, video, and data, as well as enable service providers, government agencies, enterprises, and other or... COMS Profile

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