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Today DATS ranks #13163 as sell candidate. Get a Free Stock at Robinhood
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DatChat, Inc. Stock Forecast NASDAQ:DATS

$4.14 (-6.76%)

Volume: 948k

Closed: Nov 26, 2021

Hollow Logo Score: -6.438

DatChat, Inc. Stock Forecast

$4.14 (-6.76%)

Volume: 948k

Closed: Nov 26, 2021

Score Hollow Logo -6.438
Which way will DATS go? Request

DATS Stock Risk

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 $0.16 between high and low, or 3.97%. For the last week, the stock has had a daily average volatility of 14.50%.

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

Overall risk:

Very Low Low Medium High Very High

* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 20 - 85 ] RSI14 is 8 and the stock is extremely oversold on RSI14, but some stocks may continue to fall despite the high chance of a correction up. The low RSI lowers the general risk and the stock should be considered if other technical requirements like liquidity and risk-reward are meet.

DatChat, Inc. stock price took a fall of -6.76% on Friday
(Updated on Nov 26, 2021)


Sell candidate since 2021-11-15 Loss -35.91%

The DatChat, Inc. stock price fell by -6.76% on the last day (Friday, 26th Nov 2021) from $4.44 to $4.14. During the day the stock fluctuated 3.97% from a day low at $4.03 to a day high of $4.19. The price has fallen in 7 of the last 10 days and is down by -38.48% 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 -1 million shares and in total, 948 thousand shares were bought and sold for approximately $3.92 million.

Given the current short-term trend, the stock is expected to fall -15.56% during the next 3 months and, with a 90% probability hold a price between $3.50 and $11.59 at the end of this 3-month period.

Signals & Forecast

There are few to no technical positive signals at the moment. The DatChat, Inc. 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 $4.87 and $8.06. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, October 12, 2021, and so far it has fallen -72.42%. 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

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

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 $0.16 between high and low, or 3.97%. For the last week, the stock has had a daily average volatility of 14.50%.

DatChat, Inc. is oversold on RSI14 (8). 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 an negative evaluation for this stock. No stop-loss is set.

Is DatChat, Inc. stock A Buy?

DatChat, Inc. 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: -6.438

Predicted Opening Price for DatChat, Inc. of Monday, November 29, 2021

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

Fair opening price November 29, 2021 Current price
$4.12 $4.14 (Overvalued)
Strong Sell Candidate Unchanged

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Volatility and Risk
Daily Average Volatility: 14.50 %
Overall Risk: Very High High Medium Low Very Low
Volatility
14.50 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $4.23
Price: $4.14
No Support Found

DATS Insider Trading Show all Trades

INSIDER POWER

Last 10 transactions
Buy: 577 500 | Sell: 0 (Shares)
Date Action Amount Person Type
Sep 28, 2021 Buy 25 000 Nelson Joseph Eugene Employee Stock Option (right to buy)
Sep 28, 2021 Buy 250 000 Myman Darin M Employee Stock Option (right to buy)
Sep 28, 2021 Buy 25 000 Zeno Dan Employee Stock Option (right to buy)
Sep 28, 2021 Buy 25 000 Schumer Carly Employee Stock Option (right to buy)
Sep 28, 2021 Buy 25 000 Linsley Wayne Employee Stock Option (right to buy)
Show all Insider Trades
INSIDER POWER

Last 10 transactions
Buy: 577 500 | Sell: 0 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 4.28 3.38 %
4.22 1.91 %
4.18 0.99 %
Current price: 4.14
Support 4.06 -1.96 %
4.02 -2.87 %
3.96 -4.35 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 4.59 10.87 %
4.44 7.25 %
4.23 2.17 %
Current price 4.14
Support 0 .
0 .
0 .

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