RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of EFOI
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Thursday for Energy Focus stock after gaining 1.27%
(Updated on Mar 28, 2024)

Sell candidate since Mar 21, 2024 Loss -3.05% PDF

The Energy Focus stock price gained 1.27% on the last trading day (Thursday, 28th Mar 2024), rising from $1.57 to $1.59. During the last trading day the stock fluctuated 7.95% from a day low at $1.51 to a day high of $1.63. The price has fallen in 5 of the last 10 days and is down by -8.09% for this period. Volume fell on the last day by -4 thousand shares and in total, 5 thousand shares were bought and sold for approximately $7.53 thousand. 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 part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $1.42 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 16.79% during the next 3 months and, with a 90% probability hold a price between $1.65 and $2.89 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

EFOI Signals & Forecast

There are few to no technical positive signals at the moment. The Energy Focus 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 $1.61 and $1.69. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, February 22, 2024, and so far it has fallen -31.76%. 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 during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Energy Focus stock

Energy Focus finds support from accumulated volume at $1.57 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 much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.120 between high and low, or 7.95%. For the last week the stock has had daily average volatility of 7.67%.

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

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

For the upcoming trading day on Monday, 1st we expect Energy Focus to open at $1.58, and during the day (based on 14 day Average True Range), to move between $1.41 and $1.77, which gives a possible trading interval of +/-$0.177 (+/-11.16%) up or down from last closing price. If Energy Focus takes out the full calculated possible swing range there will be an estimated 22.31% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.57 (1.26%) than the resistance at $1.67 (5.03%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Energy Focus stock A Buy?

The Energy Focus stock holds several negative signals and despite the positive trend, we believe Energy Focus will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -4.105 Sell Candidate Unchanged

Predicted Opening Price for Energy Focus of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$1.58 ( 0.84%) $1.59

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

Trading levels for EFOI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.70 6.71 %
R2 1.65 3.83 %
R1 1.62 2.04 %
Current price: 1.59
Support S1 1.53 -3.72 %
S2 1.50 -5.50 %
S3 1.46 -8.39 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.80 13.21 %
R2 1.73 8.81 %
R1 1.67 5.03 %
Current price 1.59
Support S1 1.57 -1.26%
S2 1.57 -1.57%
S3 1.25 -21.38%

FAQ

What is the symbol for Energy Focus Stock and on which exchange is it traded?
The symbol for Energy Focus is EFOI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Energy Focus Stock?
The Energy Focus stock holds several negative signals and despite the positive trend, we believe Energy Focus will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

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

What's the current price of Energy Focus Stock?
As of the end of day on the 2024-03-28, the price of an Energy Focus (EFOI) share was $1.59.

What is the 52-week high and low for Energy Focus Stock?
The 52-week high for Energy Focus Stock is $2.90 and the 52-week low is $0.270.

What is the market capitalization of Energy Focus Stock?
As of the 2024-03-28, the market capitalization of Energy Focus is 7.065M.

When is the next earnings date for Energy Focus?
The upcoming earnings date for Energy Focus is May 09, 2024.
Click to get the best stock tips daily for free!

About Energy Focus

Energy Focus Energy Focus, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems, and controls and ultraviolet-C light disinfection products in the United States and internationally. It offers military maritime market light-emitting diode (LED) lighting products, such as Military-grade Intellitube retrofit TLED and the Invisitube ultra-low EMI TLED; and Military-grade fixtures, including LE... EFOI Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT