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 CPSH
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

CPS Technologies Corp. stock price up 1.74% on Tuesday
(Updated on Jun 11, 2024)

Sell candidate since Jun 06, 2024 Gain 2.34% PDF

The CPS Technologies Corp. stock price gained 1.74% on the last trading day (Tuesday, 11th Jun 2024), rising from $1.72 to $1.75. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.94% from a day low at $1.70 to a day high of $1.75. The price has risen in 6 of the last 10 days. Volume fell on the last day by -9 thousand shares and in total, 11 thousand shares were bought and sold for approximately $19.68 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.

The stock lies in the middle of a 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 -5.74% during the next 3 months and, with a 90% probability hold a price between $1.53 and $1.71 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.

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

CPSH Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, June 04, 2024, and so far it has risen 2.94%. Further rise is indicated until a new top pivot has been found. 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 CPS Technologies Corp. 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 $1.75. On a fall, the stock will find some support from the short-term average at $1.73. 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. 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 CPS Technologies Corp. stock

CPS Technologies Corp. finds support from accumulated volume at $1.74 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.0500 between high and low, or 2.94%. For the last week the stock has had daily average volatility of 3.20%

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

Trading Expectations (CPSH) For The Upcoming Trading Day Of Wednesday 12th

For the upcoming trading day on Wednesday, 12th we expect CPS Technologies Corp. to open at $1.73, and during the day (based on 14 day Average True Range), to move between $1.69 and $1.81, which gives a possible trading interval of +/-$0.0612 (+/-3.50%) up or down from last closing price. If CPS Technologies Corp. takes out the full calculated possible swing range there will be an estimated 7.00% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.74 (0.57%) than the resistance at $1.80 (2.86%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is CPS Technologies Corp. stock A Buy?

CPS Technologies Corp. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.450 Sell Candidate Unchanged

Predicted Opening Price for CPS Technologies Corp. of Wednesday, June 12, 2024

Fair opening price June 12, 2024 Current price
$1.73 ( 0.95%) $1.75

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

Trading levels for CPSH

Fibonacci Support & Resistance Levels

Level Price
R3 1.78 1.90%
R2 1.76 0.81%
R1 1.75 0.139%
Price 1.75
S1 1.71 -2.04%
S2 1.70 -2.72%
S3 1.68 -3.81%

Accumulated Volume Support & Resistance Levels

Level Price
R3 1.88 7.43%
R2 1.83 4.57%
R1 1.80 2.86%
Price 1.75
S1 1.74 -0.571%
S2 1.71 -2.29%
S3 1.67 -4.57%

FAQ

What is the symbol for CPS Technologies Corp. Stock and on which exchange is it traded?
The symbol for CPS Technologies Corp. is CPSH and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell CPS Technologies Corp. Stock?
CPS Technologies Corp. holds several negative signals and we believe that 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 CPS Technologies Corp. Stock?
CPS Technologies 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 CPS Technologies Corp. Stock.

What's the current price of CPS Technologies Corp. Stock?
As of the end of day on the Jun 11, 2024, the price of an CPS Technologies Corp. (CPSH) share was $1.75.

What is the 52-week high and low for CPS Technologies Corp. Stock?
The 52-week high for CPS Technologies Corp. Stock is $3.09 and the 52-week low is $1.62.

What is the market capitalization of CPS Technologies Corp. Stock?
As of the Jun 11, 2024, the market capitalization of CPS Technologies Corp. is 25.409M.

When is the next earnings date for CPS Technologies Corp.?
The upcoming earnings date for CPS Technologies Corp. is Jul 31, 2024.
Click to get the best stock tips daily for free!

About CPS Technologies Corp.

CPS Technologies . CPS Technologies Corporation produces and sells advanced material solutions to the transportation, automotive, energy, computing/internet, telecommunication, aerospace, defense, and oil and gas markets. It primarily offers metal matrix composites that are a combination of metal and ceramic, such as baseplates for various applications, including motor controllers used in electric trains, subway cars, wind turbines, and hybrid and electric vehicles... CPSH 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