Caduceus Software Sys Crp Stock Forecast
Caduceus Software Sys Crp stock price fell more than -12.41% Friday closing at $0.0149
(Updated on May 31, 2024)
The Caduceus Software Sys Crp stock price fell by -12.41% on the last day (Friday, 31st May 2024) from $0.0170 to $0.0149. During the last trading day the stock fluctuated 0% from a day low at $0.0149 to a day high of $0.0149. The price has risen in 4 of the last 10 days and is up by 22.05% over the past 2 weeks. Volume has increased on the last day by 7 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 7 thousand shares were bought and sold for approximately $104.23 .
The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $0.0154 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -23.86% during the next 3 months and, with a 90% probability hold a price between $0.0071 and $0.0118 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.
CSOC Signals & Forecast
The Caduceus Software Sys Crp stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.0147 and $0.0146. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Friday, April 19, 2024, and so far it has fallen -15.88%. Further fall is indicated until a new bottom pivot has been found. Caduceus Software Sys Crp gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Caduceus Software Sys Crp stock
Caduceus Software Sys Crp finds support from accumulated volume at $0.0148 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 very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0 between high and low, or 0%. For the last week, the stock has had daily average volatility of 7.42%.
Our recommended stop-loss: $0.0141 (-5.00%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 30 days ago.)
Trading Expectations (CSOC) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect Caduceus Software Sys Crp to open at $0.0149, and during the day (based on 14 day Average True Range), to move between $0.0135 and $0.0163, which gives a possible trading interval of +/-$0.0014 (+/-9.41%) up or down from last closing price. If Caduceus Software Sys Crp takes out the full calculated possible swing range there will be an estimated 18.83% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0148 (0.60%) than the resistance at $0.0170 (14.17%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Caduceus Software Sys Crp stock A Buy?
Caduceus Software Sys Crp holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Caduceus Software Sys Crp of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| $0.0149 ( 0%) | $0.0149 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CSOC
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0149 | . | |
| R2 | 0.0149 | . | ||
| R1 | 0.0149 | . | ||
| Current price: | 0.0149 | |||
| Support | S1 | 0.0149 | . | |
| S2 | 0.0149 | . | ||
| S3 | 0.0149 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0185 | 24.24 % | |
| R2 | 0.0171 | 14.51 % | ||
| R1 | 0.0170 | 14.17 % | ||
| Current price | 0.0149 | |||
| Support | S1 | 0.0148 | -0.604% | |
| S2 | 0.0121 | -18.74% | ||
| S3 | 0.0120 | -19.41% |
FAQ
Click here for our free guide on how to buy Caduceus Software Sys Crp Stock.
