Volatile ride for Capstone Turbine Corporation stock price on Friday moving between $4.17 and $4.69
(Updated on Dec 03, 2021)
Sell candidate since 2021-12-03 PDF
The Capstone Turbine Corporation stock price fell by -3.83% on the last day (Friday, 3rd Dec 2021) from $4.44 to $4.27. and has now fallen 6 days in a row. During the day the stock fluctuated 12.50% from a day low at $4.17 to a day high of $4.69. The price has fallen in 7 of the last 10 days and is down by -11.04% for this period. 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 -289 shares and in total, 99 thousand shares were bought and sold for approximately $424.45 thousand.
Given the current short-term trend, the stock is expected to rise 9.79% during the next 3 months and, with a 90% probability hold a price between $4.69 and $7.39 at the end of this 3-month period.
Signals & Forecast
There are few to no technical positive signals at the moment. The Capstone Turbine Corporation 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 $4.69 and $5.40. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, November 08, 2021, and so far it has fallen -34.91%. 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 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
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.52 between high and low, or 12.50%. For the last week the stock has had a daily average volatility of 8.57%.
Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.
Is Capstone Turbine Corporation stock A Buy?
The Capstone Turbine Corporation stock holds several negative signals and despite the positive trend, we believe Capstone Turbine Corporation will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -3.847
Predicted Opening Price for Capstone Turbine Corporation of Monday, December 6, 2021
The predicted opening price is based on yesterday's movements between high, low, and the closing price.
|Fair opening price December 6, 2021||Current price|
Remember To Visit Our YouTube Channel
Northcoast Research is very positive about CPST and gave it a "Buy" rating on Mar 30, 2021. The price target was set to $14.00.
CPST Insider Trading
|Apr 13, 2021||Buy||12 962||Hencken Frederick S. Iii||Common Stock|
|Apr 13, 2021||Buy||2 548||Tavitian Neshan Nino||Common Stock|
|Apr 13, 2021||Buy||21 583||Jamison Darren||Common Stock|
|Apr 13, 2021||Buy||10 057||Crouse James D||Common Stock|
|Apr 05, 2021||Sell||1 834||Jamison Darren||Common Stock|
Fibonacci Support & Resistance Levels
Accumulated Volume Support & Resistance Levels
Click to get the best stock tips daily for free!
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Join 100 000+ Happy SubscribersDon't miss out on the runners!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.