Grid Dynamics Holdings, Inc. Stock Forecast

Sell candidate since Feb 18, 2025 Loss -40.66%

The Grid Dynamics Holdings, Inc. stock price gained 0.694% on the last trading day (Thursday, 17th Apr 2025), rising from $12.97 to $13.06. During the last trading day the stock fluctuated 3.69% from a day low at $12.73 to a day high of $13.20. The price has been going up and down for this period, and there has been a -7.7% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 362 thousand more shares were traded than the day before. In total, 863 thousand shares were bought and sold for approximately $11.27 million.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $12.79 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -41.03% during the next 3 months and, with a 90% probability hold a price between $7.54 and $9.17 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

GDYN Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, April 16, 2025, and so far it has risen 0.694%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Grid Dynamics Holdings, 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 $13.60 and $15.96. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Grid Dynamics Holdings, Inc. stock

Grid Dynamics Holdings, Inc. finds support from accumulated volume at $12.97 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 a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.470 between high and low, or 3.69%. For the last week, the stock has had daily average volatility of 4.15%.

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

Trading Expectations (GDYN) For The Upcoming Trading Day Of Monday 21st

For the upcoming trading day on Monday, 21st we expect Grid Dynamics Holdings, Inc. to open at $13.00, and during the day (based on 14 day Average True Range), to move between $12.14 and $13.98, which gives a possible trading interval of +/-$0.92 (+/-7.06%) up or down from last closing price. If Grid Dynamics Holdings, Inc. takes out the full calculated possible swing range there will be an estimated 14.13% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $12.97 (0.69%) than the resistance at $13.70 (4.90%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Grid Dynamics Holdings, Inc. stock A Buy?

Grid Dynamics Holdings, Inc. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.101 Sell Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on April 21, 2025 - $13.00 ( 0.485%).