CreditRiskMonitor.com, Inc. Stock Forecast
Evaluation of CreditRiskMonitor.com, Inc. stock downgraded after the last trading session.
(Updated on May 10, 2024)
The CreditRiskMonitor.com, Inc. stock price gained 0.246% on the last trading day (Friday, 10th May 2024), rising from $2.04 to $2.04. During the last trading day the stock fluctuated 0.741% from a day low at $2.03 to a day high of $2.04. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks. Volume fell on the last day by -6 thousand shares and in total, 2 thousand shares were bought and sold for approximately $3.89 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 lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $2.01 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -6.10% during the next 3 months and, with a 90% probability hold a price between $1.89 and $2.07 at the end of this 3-month period.
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CRMZ Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, April 29, 2024, and so far it has risen 0.246%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The CreditRiskMonitor.com, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $2.12 and $2.10. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 CreditRiskMonitor.com, Inc. stock
CreditRiskMonitor.com, Inc. finds support from accumulated volume at $2.04 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 controlled movements and therefore the general risk is considered 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 $0.0150 between high and low, or 0.741%. For the last week the stock has had daily average volatility of 1.04%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CRMZ) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect CreditRiskMonitor.com, Inc. to open at $2.04, and during the day (based on 14 day Average True Range), to move between $2.00 and $2.08, which gives a possible trading interval of +/-$0.0412 (+/-2.02%) up or down from last closing price. If CreditRiskMonitor.com, Inc. takes out the full calculated possible swing range there will be an estimated 4.04% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $2.04 (0.25%) than the resistance at $2.09 (2.45%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is CreditRiskMonitor.com, Inc. stock A Buy?
CreditRiskMonitor.com, Inc. holds several negative signals and is within a 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 Hold/Accumulate to a Sell candidate.
Current score: -1.972 Sell Candidate Downgraded
Predicted Opening Price for CreditRiskMonitor.com, Inc. of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| $2.04 ( 0.245%) | $2.04 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CRMZ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2.05 | 0.490 % | |
| R2 | 2.04 | 0.209 % | ||
| R1 | 2.04 | 0.0358 % | ||
| Current price: | 2.04 | |||
| Support | S1 | 2.03 | -0.526 % | |
| S2 | 2.03 | -0.700 % | ||
| S3 | 2.02 | -0.98 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2.15 | 5.39 % | |
| R2 | 2.10 | 2.94 % | ||
| R1 | 2.09 | 2.45 % | ||
| Current price | 2.04 | |||
| Support | S1 | 2.04 | -0.245% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
CRMZ Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Nov 13, 2019 | Nov 13, 2019 | Dec 02, 2019 | $0.0500 | 3.23% |
| 2 | Nov 27, 2018 | Nov 27, 2018 | Nov 27, 2018 | $0.0500 | 2.38% |
| 3 | Nov 21, 2017 | Nov 21, 2017 | Nov 21, 2017 | $0.0500 | 3.03% |
| 4 | Nov 14, 2016 | Nov 14, 2016 | Nov 14, 2016 | $0.0500 | 1.67% |
| 5 | Nov 05, 2015 | Nov 05, 2015 | Nov 05, 2015 | $0.0385 | 1.00% |
FAQ
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