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 FEMY
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Volatile ride for Femasys Inc. stock price on Thursday moving between $1.44 and $1.65
(Updated on Mar 28, 2024)

Sell candidate since Mar 26, 2024 Gain 3.33% PDF

The Femasys Inc. stock price gained 5.44% on the last trading day (Thursday, 28th Mar 2024), rising from $1.47 to $1.55. During the last trading day the stock fluctuated 14.58% from a day low at $1.44 to a day high of $1.65. The price has fallen in 6 of the last 10 days and is down by -9.88% for this period. Volume fell on the last day by -452 thousand shares and in total, 436 thousand shares were bought and sold for approximately $675.83 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 $1.49 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 91.97% during the next 3 months and, with a 90% probability hold a price between $2.86 and $4.96 at the end of this 3-month period.

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FEMY Signals & Forecast

There are few to no technical positive signals at the moment. The Femasys 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 $1.62 and $1.63. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 04, 2024, and so far it has fallen -30.18%. 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.

Support, Risk & Stop-loss for Femasys Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $1.42 and $1.38. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Femasys Inc. finds support just below today's level at $1.42. If this is broken, then the next support from accumulated volume will be at $1.38 and $1.17.

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 $0.210 between high and low, or 14.58%. For the last week the stock has had daily average volatility of 10.05%.

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

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

For the upcoming trading day on Monday, 1st we expect Femasys Inc. to open at $1.55, and during the day (based on 14 day Average True Range), to move between $1.33 and $1.77, which gives a possible trading interval of +/-$0.217 (+/-14.00%) up or down from last closing price. If Femasys Inc. takes out the full calculated possible swing range there will be an estimated 28.00% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.42 (8.39%) than the resistance at $1.77 (14.19%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Femasys Inc. stock A Buy?

The Femasys Inc. stock holds several negative signals and despite the positive trend, we believe Femasys Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -4.233 Sell Candidate Upgraded

Predicted Opening Price for Femasys Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$1.55 ( 0.215%) $1.55

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

Trading levels for FEMY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.76 13.33 %
R2 1.68 8.16 %
R1 1.63 4.96 %
Current price: 1.55
Support S1 1.47 -5.39 %
S2 1.42 -8.59 %
S3 1.34 -13.76 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.89 21.94 %
R2 1.80 16.13 %
R1 1.77 14.19 %
Current price 1.55
Support S1 1.42 -8.39%
S2 1.38 -10.97%
S3 1.17 -24.52%

FAQ

What is the symbol for Femasys Inc. Stock and on which exchange is it traded?
The symbol for Femasys Inc. is FEMY and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Femasys Inc. Stock?
The Femasys Inc. stock holds several negative signals and despite the positive trend, we believe Femasys Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

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

What's the current price of Femasys Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Femasys Inc. (FEMY) share was $1.55.

What is the 52-week high and low for Femasys Inc. Stock?
The 52-week high for Femasys Inc. Stock is $4.75 and the 52-week low is $0.248.

What is the market capitalization of Femasys Inc. Stock?
As of the 2024-03-28, the market capitalization of Femasys Inc. is 33.557M.

When is the next earnings date for Femasys Inc.?
The upcoming earnings date for Femasys Inc. is Apr 04, 2024.
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About Femasys Inc.

Femasys. Femasys Inc., a biomedical company, focuses on women's healthcare market in the United States. The company develops permanent birth control solutions, such as FemBloc and FemChec; FemaSeed, an artificial insemination solution; FemCerv, a biopsy device for endocervical curettage; and FemEMB, a product candidate for endometrial sampling in support of uterine cancer detection testing. It also commercializes FemVue saline-air device in the United Sta... FEMY Profile

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