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 CUTR
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Big movements in Cutera stock price on Thursday moving 13.63% between high and low
(Updated on Mar 28, 2024)

Sell candidate since Mar 22, 2024 Loss -8.13% PDF

The Cutera stock price gained 5.76% on the last trading day (Thursday, 28th Mar 2024), rising from $1.39 to $1.47. During the last trading day the stock fluctuated 13.63% from a day low at $1.39 to a day high of $1.58. The price has been going up and down for this period, and there has been a -24.62% loss for the last 2 weeks. Volume fell on the last day by -125 thousand shares and in total, 977 thousand shares were bought and sold for approximately $1.44 million. 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 very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $1.36 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -38.90% during the next 3 months and, with a 90% probability hold a price between $0.83 and $1.87 at the end of this 3-month period.

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CUTR Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, March 27, 2024, and so far it has risen 5.76%. 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 Cutera 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 $1.67 and $2.23. A break-up above any of these levels will issue buy signals. 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 also not.

Support, Risk & Stop-loss for Cutera stock

Cutera finds support from accumulated volume at $1.43 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 periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.189 between high and low, or 13.63%. For the last week the stock has had daily average volatility of 18.12%.

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

Trading Expectations (CUTR) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Cutera to open at $1.48, and during the day (based on 14 day Average True Range), to move between $1.19 and $1.75, which gives a possible trading interval of +/-$0.278 (+/-18.94%) up or down from last closing price. If Cutera takes out the full calculated possible swing range there will be an estimated 37.88% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.43 (2.72%) than the resistance at $1.60 (8.84%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Cutera stock A Buy?

Cutera holds several negative signals and is within a very wide and 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.

Current score: -5.234 Strong Sell Candidate Unchanged

Predicted Opening Price for Cutera of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$1.48 ( 0.667%) $1.47

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

Trading levels for CUTR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.67 13.55 %
R2 1.60 8.63 %
R1 1.55 5.59 %
Current price: 1.47
Support S1 1.41 -4.26 %
S2 1.36 -7.30 %
S3 1.29 -12.22 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 1.83 24.49 %
R1 1.60 8.84 %
Current price 1.47
Support S1 1.43 -2.72%
S2 1.41 -4.08%
S3 1.39 -5.44%

FAQ

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

Should I buy or sell Cutera Stock?
Cutera holds several negative signals and is within a very wide and 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.

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

What's the current price of Cutera Stock?
As of the end of day on the 2024-03-28, the price of an Cutera (CUTR) share was $1.47.

What is the 52-week high and low for Cutera Stock?
The 52-week high for Cutera Stock is $27.16 and the 52-week low is $1.28.

What is the market capitalization of Cutera Stock?
As of the 2024-03-28, the market capitalization of Cutera is 29.342M.

When is the next earnings date for Cutera?
The upcoming earnings date for Cutera is May 14, 2024.
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About Cutera

Cutera Cutera, Inc., a medical device company, researches, develops, manufactures, markets, and services laser and energy-based aesthetics systems for practitioners worldwide. The company offers Secret PRO, a device that utilizes fractional CO2 for skin resurfacing and radio frequency (RF) microneedling for deep dermal remodeling; truSculpt flex, a bio-electrical muscle stimulation device to treat patients at all fitness levels; excel V+, a vascular and... CUTR Profile

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