Fly-e Group. Common Stock Stock Forecast

Buy or Hold candidate since May 30, 2025 Gain 40.00%

The Fly-e Group, Inc. Common Stock stock price gained 0.741% on the last trading day (Wednesday, 11th Jun 2025), rising from $0.675 to $0.680. 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 1.49% from a day low at $0.670 to a day high of $0.680. The price has risen in 7 of the last 10 days and is up by 38.8% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 9 thousand more shares were traded than the day before. In total, 177 thousand shares were bought and sold for approximately $120.26 thousand.

The stock has broken the very wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $0.610, a level that may pose a second chance to hit a runner. According to fan-theory $0.771 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

FLYE Signals & Forecast

Mostly positive signals in the chart today. The Fly-e Group, Inc. Common Stock 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 $0.624 and $0.493. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, May 06, 2025, and so far it has risen 70.38%. 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). Fly-e Group, Inc. Common Stock has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

Support, Risk & Stop-loss for Fly-e Group, Inc. Common Stock stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.570 and $0.525. 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, Fly-e Group, Inc. Common Stock finds support just below today's level at $0.570. If this is broken, then the next support from accumulated volume will be at $0.525 and $0.514.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0100 between high and low, or 1.49%. For the last week, the stock has had daily average volatility of 8.23%.

The Fly-e Group, Inc. Common Stock stock is extremely overbought on RSI14 (75). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Our recommended stop-loss: $0.656 (-3.50%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 75 and this increases the risk substantially. There is a buy signal from a pivot bottom found 25 days ago.)

Trading Expectations (FLYE) For The Upcoming Trading Day Of Thursday 12th

For the upcoming trading day on Thursday, 12th we expect Fly-e Group, Inc. Common Stock to open at $0.677, and during the day (based on 14 day Average True Range), to move between $0.629 and $0.731, which gives a possible trading interval of +/-$0.0513 (+/-7.55%) up or down from last closing price. If Fly-e Group, Inc. Common Stock takes out the full calculated possible swing range there will be an estimated 15.09% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $0.570, some $0.110 (16.18%) from the current price of $0.680, our system finds the risk reward attractive.

Is Fly-e Group, Inc. Common Stock stock A Buy?

Several short-term signals are positive and the stock has broke the rising trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for Fly-e Group, Inc. Common Stock stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 4.563 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 12, 2025 - $0.677 ( 0.490%).

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