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$3.90 (0%)

Volume: 12k

Closed: Jan 21, 2022

Hollow Logo Score: -1.134

Deswell Industries Stock Forecast

$3.90 (0%)

Volume: 12k

Closed: Jan 21, 2022

Score Hollow Logo -1.134
Which way will DSWL go? Request

DSWL Stock Risk

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.0300 between high and low, or 0.77%. For the last week the stock has had a daily average volatility of 2.60%

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: [ 25 - 75 ] RSI14 is 53 and the stock is currently not being overbought or oversold

Evaluation of Deswell Industries stock downgraded after the last trading session.
(Updated on Jan 21, 2022)


Sell candidate since 2022-01-20 PDF

No changes to the price of Deswell Industries stock on the last trading day (Friday, 21st Jan 2022). During the day the stock fluctuated 0.77% from a day low at $3.90 to a day high of $3.93. The price has been going up and down for this period, and there has been a 2.63% gain for the last 2 weeks.

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 -10.24% during the next 3 months and, with a 90% probability hold a price between $3.32 and $4.17 at the end of this 3-month period.

Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, January 18, 2022, and so far it has risen 4.84%. 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 Deswell Industries 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 $3.92. On a fall, the stock will find some support from the short-term average at $3.85. 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 on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss

Deswell Industries finds support from accumulated volume at $3.85 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.0300 between high and low, or 0.77%. For the last week the stock has had a daily average volatility of 2.60%

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

Is Deswell Industries stock A Buy?

Deswell Industries 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.134

Sell Candidate Downgraded

Predicted Opening Price for Deswell Industries of Monday, January 24, 2022

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

Fair opening price January 24, 2022 Current price
$3.91 $3.90 (Undervalued)

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Volatility and Risk
Daily Average Volatility: 2.60 %
Overall Risk: Very High High Medium Low Very Low
Volatility
2.60 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $4.05
Price: $3.90
Support: $3.85

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 3.94 1.03 %
3.93 0.73 %
3.92 0.55 %
Current price: 3.90
Support 3.90 -0.0374 %
3.89 -0.22 %
3.88 -0.51 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 4.81 23.33 %
4.80 23.08 %
4.05 3.85 %
Current price 3.90
Support 3.85 -1.28%
3.79 -2.82%
3.78 -3.08%

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About Deswell Industries

Deswell Industries, Inc. manufactures and sells injection-molded plastic parts and components; and assembles electronic products for original equipment manufacturers and contract manufacturers. It produces a range of plastic parts and components that are used in the manufacture of consumer and industrial products, which include plastic components of electronic entertainment products; cases for flashlights, telephones, paging machines, projectors,... Read more

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