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 CWGL
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Red day on Thursday for Crimson Wine Group, Ltd stock after losing 0%
(Updated on Mar 28, 2024)

Sell candidate since Feb 29, 2024 Loss -0.17% PDF

No changes to the price of Crimson Wine Group, Ltd stock on the last trading day (Thursday, 28th Mar 2024). During the last trading day the stock fluctuated 0.520% from a day low at $5.77 to a day high of $5.80. The price has fallen in 4 of the last 10 days.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.75% during the next 3 months and, with a 90% probability hold a price between $5.41 and $5.85 at the end of this 3-month period.

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CWGL Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 0.696%. Further rise is indicated until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Crimson Wine Group, Ltd stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $5.83. On a fall, the stock will find some support from the short-term average at $5.78. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Crimson Wine Group, Ltd stock

Crimson Wine Group, Ltd finds support from accumulated volume at $5.77 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 very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0300 between high and low, or 0.520%. For the last week the stock has had daily average volatility of 1.13%.

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

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

For the upcoming trading day on Monday, 1st we expect Crimson Wine Group, Ltd to open at $5.79, and during the day (based on 14 day Average True Range), to move between $5.71 and $5.87, which gives a possible trading interval of +/-$0.0815 (+/-1.41%) up or down from last closing price. If Crimson Wine Group, Ltd takes out the full calculated possible swing range there will be an estimated 2.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $5.77 (0.35%) than the resistance at $5.82 (0.52%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Crimson Wine Group, Ltd stock A Buy?

Crimson Wine Group, Ltd holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -3.128 Sell Candidate Unchanged

Predicted Opening Price for Crimson Wine Group, Ltd of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$5.79 ( 0.0576%) $5.79

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

Trading levels for CWGL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.82 0.461 %
R2 5.81 0.263 %
R1 5.80 0.140 %
Current price: 5.79
Support S1 5.78 -0.255 %
S2 5.77 -0.378 %
S3 5.76 -0.576 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 6.06 4.66 %
R2 5.85 1.04 %
R1 5.82 0.518 %
Current price 5.79
Support S1 5.77 -0.345%
S2 5.76 -0.518%
S3 5.68 -1.90%

FAQ

What is the symbol for Crimson Wine Group, Ltd Stock and on which exchange is it traded?
The symbol for Crimson Wine Group, Ltd is CWGL and it is traded on the OTCMKTS (OTC Markets Group).

Should I buy or sell Crimson Wine Group, Ltd Stock?
Crimson Wine Group, Ltd holds several negative signals and we believe that 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 Crimson Wine Group, Ltd Stock?
Crimson Wine Group, Ltd Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Crimson Wine Group, Ltd Stock.

What's the current price of Crimson Wine Group, Ltd Stock?
As of the end of day on the 2024-03-28, the price of an Crimson Wine Group, Ltd (CWGL) share was $5.79.

What is the 52-week high and low for Crimson Wine Group, Ltd Stock?
The 52-week high for Crimson Wine Group, Ltd Stock is $6.96 and the 52-week low is $5.38.

What is the market capitalization of Crimson Wine Group, Ltd Stock?
As of the 2024-03-28, the market capitalization of Crimson Wine Group, Ltd is 120.852M.

When is the next earnings date for Crimson Wine Group, Ltd?
The upcoming earnings date for Crimson Wine Group, Ltd is May 09, 2024.
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About Crimson Wine Group, Ltd

Crimson Wine Group Ltd Crimson Wine Group, Ltd., through its subsidiaries, engages in the production and sale of wines. It operates through two segments, Wholesale and Direct to Consumer. The company sells wines through independent wine and spirit distributors in the United States; and independent importers and brokers internationally. It sells its products under the Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon, Sev... CWGL Profile

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