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 EM
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Smart Share Global Limited stock price up 1.73% on Thursday
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 21, 2024 Gain 25.22% PDF

The Smart Share Global Limited stock price gained 1.73% on the last trading day (Thursday, 28th Mar 2024), rising from $0.646 to $0.657. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 8.05% from a day low at $0.620 to a day high of $0.670. The price has fallen in 6 of the last 10 days and is down by -5.19% for this period. Volume fell on the last day by -157 thousand shares and in total, 174 thousand shares were bought and sold for approximately $114.44 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 middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 42.98% during the next 3 months and, with a 90% probability hold a price between $0.82 and $1.06 at the end of this 3-month period.

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EM Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -6.09%. 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 also not. The Smart Share Global Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.637 and $0.608. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Smart Share Global Limited stock

Smart Share Global Limited finds support from accumulated volume at $0.640 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0499 between high and low, or 8.05%. For the last week the stock has had daily average volatility of 9.37%.

Our recommended stop-loss: $0.628 (-4.42%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 11 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Smart Share Global Limited to open at $0.649, and during the day (based on 14 day Average True Range), to move between $0.593 and $0.722, which gives a possible trading interval of +/-$0.0649 (+/-9.87%) up or down from last closing price. If Smart Share Global Limited takes out the full calculated possible swing range there will be an estimated 19.74% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.640 (2.66%) than the resistance at $0.680 (3.44%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Smart Share Global Limited stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Smart Share Global Limited stock to perform well in the short-term.

Current score: 2.619 Buy Candidate Unchanged

Predicted Opening Price for Smart Share Global Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.649 ( 1.26%) $0.657

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

Trading levels for EM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.699 6.33 %
R2 0.680 3.43 %
R1 0.668 1.64 %
Current price: 0.657
Support S1 0.630 -4.16 %
S2 0.618 -5.95 %
S3 0.599 -8.85 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.700 6.48 %
R2 0.688 4.61 %
R1 0.680 3.44 %
Current price 0.657
Support S1 0.640 -2.66%
S2 0.623 -5.17%
S3 0.525 -20.14%

EM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 31, 2024 May 31, 2024 Jun 14, 2024 $0.0264 4.09%
2 May 30, 2024 May 30, 2024 May 30, 2024 $0 0%

FAQ

What is the symbol for Smart Share Global Limited Stock and on which exchange is it traded?
The symbol for Smart Share Global Limited is EM and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Smart Share Global Limited Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Smart Share Global Limited stock to perform well in the short-term.

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

What's the current price of Smart Share Global Limited Stock?
As of the end of day on the 2024-03-28, the price of an Smart Share Global Limited (EM) share was $0.657.

What is the 52-week high and low for Smart Share Global Limited Stock?
The 52-week high for Smart Share Global Limited Stock is $1.14 and the 52-week low is $0.425.

What is the market capitalization of Smart Share Global Limited Stock?
As of the 2024-03-28, the market capitalization of Smart Share Global Limited is 169.153M.

When is the next earnings date for Smart Share Global Limited?
The upcoming earnings date for Smart Share Global Limited is Jun 17, 2024.
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About Smart Share Global Limited

Smart Share Global Limited Smart Share Global Limited, a consumer tech company, provides mobile device charging services in the People's Republic of China. The company provides mobile device charging services through online and offline networks; and rents and sells power banks. It offers services through its power banks placed in points of interests (POIs) operated by its location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation... EM Profile

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