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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 CROX
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Red day on Wednesday for Crocs stock after losing 1.12%
(Updated on Apr 17, 2024)

Sell candidate since Apr 09, 2024 Loss -6.93% PDF

The Crocs stock price fell by -1.12% on the last day (Wednesday, 17th Apr 2024) from $120.68 to $119.33. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 3.59% from a day low at $118.64 to a day high of $122.91. The price has fallen in 8 of the last 10 days and is down by -14% 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 -628 thousand shares and in total, 988 thousand shares were bought and sold for approximately $117.87 million.

Given the current short-term trend, the stock is expected to rise 36.30% during the next 3 months and, with a 90% probability hold a price between $162.65 and $209.46 at the end of this 3-month period.

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CROX Signals & Forecast

There are few to no technical positive signals at the moment. The Crocs 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 $124.98 and $130.76. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, April 01, 2024, and so far it has fallen -18.13%. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Crocs stock

Crocs finds support from accumulated volume at $118.98 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $4.27 between high and low, or 3.59%. For the last week, the stock has had daily average volatility of 3.37%.

Crocs is oversold on RSI14 (12). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

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

Trading Expectations (CROX) For The Upcoming Trading Day Of Thursday 18th

For the upcoming trading day on Thursday, 18th we expect Crocs to open at $120.29, and during the day (based on 14 day Average True Range), to move between $115.05 and $123.61, which gives a possible trading interval of +/-$4.28 (+/-3.59%) up or down from last closing price. If Crocs takes out the full calculated possible swing range there will be an estimated 7.17% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $118.98 (0.29%) than the resistance at $121.63 (1.93%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Crocs stock A Buy?

The Crocs stock holds several negative signals and despite the positive trend, we believe Crocs will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.149 Sell Candidate Unchanged

Predicted Opening Price for Crocs of Thursday, April 18, 2024

Fair opening price April 18, 2024 Current price
$120.29 ( 0.81%) $119.33

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

Trading levels for CROX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 124.56 4.38 %
R2 122.93 3.01 %
R1 121.92 2.17 %
Current price: 119.33
Support S1 118.66 -0.559 %
S2 117.66 -1.40 %
S3 116.03 -2.77 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 139.99 17.31 %
R2 128.22 7.45 %
R1 121.63 1.93 %
Current price 119.33
Support S1 118.98 -0.293%
S2 108.37 -9.18%
S3 100.81 -15.52%

FAQ

What is the symbol for Crocs Stock and on which exchange is it traded?
The symbol for Crocs is CROX and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Crocs Stock?
The Crocs stock holds several negative signals and despite the positive trend, we believe Crocs will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Crocs Stock?
Crocs Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Crocs Stock.

What's the current price of Crocs Stock?
As of the end of day on the 2024-04-17, the price of an Crocs (CROX) share was $119.33.

What is the 52-week high and low for Crocs Stock?
The 52-week high for Crocs Stock is $151.32 and the 52-week low is $74.00.

What is the market capitalization of Crocs Stock?
As of the 2024-04-17, the market capitalization of Crocs is 7.219B.

When is the next earnings date for Crocs?
The upcoming earnings date for Crocs is May 07, 2024.
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About Crocs

Crocs Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women, and children. It offers various footwear products, including clogs, sandals, slides, flip-flops, boots, flats, wedges, platforms, socks, shoe charms, loafers, sneakers, and slippers under the Crocs brand name. The company sells its products in approximately 85 countries through wholesaler... CROX Profile

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