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 DDD
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3D Systems Corporation stock price down 0.225% on Thursday
(Updated on Mar 28, 2024)

Sell candidate since Mar 22, 2024 Gain 1.37% PDF

The 3D Systems Corporation stock price fell by -0.225% on the last day (Thursday, 28th Mar 2024) from $4.45 to $4.44. During the last trading day the stock fluctuated 2.26% from a day low at $4.43 to a day high of $4.53. The price has been going up and down for this period, and there has been a -1.33% loss for the last 2 weeks. 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, 821 thousand shares were bought and sold for approximately $3.65 million.

The stock lies in the middle of a very wide and 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 -18.89% during the next 3 months and, with a 90% probability hold a price between $2.92 and $4.20 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.

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DDD Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 10.45%. 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 3D Systems Corporation 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 $4.74. On a fall, the stock will find some support from the short-term average at $4.41. 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. 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 3D Systems Corporation stock

3D Systems Corporation finds support from accumulated volume at $4.23 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 $0.100 between high and low, or 2.26%. For the last week, the stock has had daily average volatility of 3.93%.

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

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

For the upcoming trading day on Monday, 1st we expect 3D Systems Corporation to open at $4.47, and during the day (based on 14 day Average True Range), to move between $4.17 and $4.71, which gives a possible trading interval of +/-$0.267 (+/-6.02%) up or down from last closing price. If 3D Systems Corporation takes out the full calculated possible swing range there will be an estimated 12.04% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $4.45 (0.23%) than the support at $4.23 (4.73%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is 3D Systems Corporation stock A Buy?

3D Systems Corporation 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: -2.526 Sell Candidate Unchanged

Predicted Opening Price for 3D Systems Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$4.47 ( 0.601%) $4.44

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

Trading levels for DDD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.57 2.85 %
R2 4.53 1.99 %
R1 4.50 1.46 %
Current price: 4.44
Support S1 4.43 -0.260 %
S2 4.40 -0.791 %
S3 4.37 -1.65 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 5.17 16.44 %
R2 4.96 11.71 %
R1 4.45 0.225 %
Current price 4.44
Support S1 4.23 -4.73%
S2 4.14 -6.76%
S3 4.02 -9.46%

FAQ

What is the symbol for 3D Systems Corporation Stock and on which exchange is it traded?
The symbol for 3D Systems Corporation is DDD and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell 3D Systems Corporation Stock?
3D Systems Corporation 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 3D Systems Corporation Stock?
3D Systems Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy 3D Systems Corporation Stock.

What's the current price of 3D Systems Corporation Stock?
As of the end of day on the 2024-03-28, the price of an 3D Systems Corporation (DDD) share was $4.44.

What is the 52-week high and low for 3D Systems Corporation Stock?
The 52-week high for 3D Systems Corporation Stock is $11.09 and the 52-week low is $3.50.

What is the market capitalization of 3D Systems Corporation Stock?
As of the 2024-03-28, the market capitalization of 3D Systems Corporation is 592.447M.

When is the next earnings date for 3D Systems Corporation?
The upcoming earnings date for 3D Systems Corporation is May 13, 2024.
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About 3D Systems Corporation

3D Systems 3D Systems Corporation, through its subsidiaries, provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers 3D printers, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, color jet printing, and extrusion and SLA based bioprinting that transform digital data input generated by 3D design software, computer aided ... DDD Profile

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