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 GENI
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Genius Sports Limited stock upgraded from Sell Candidate to Buy Candidate after Thursday trading session.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Genius Sports Limited stock price gained 1.06% on the last trading day (Thursday, 28th Mar 2024), rising from $5.65 to $5.71. During the last trading day the stock fluctuated 2.76% from a day low at $5.62 to a day high of $5.77. The price has fallen in 7 of the last 10 days and is down by -2.39% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 852 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $14.16 million.

The stock is at the lower part of a very wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $5.61 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Genius Sports Limited stock with a 90% probability to be traded between $5.64 and $7.73 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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GENI Signals & Forecast

There are mixed signals in the stock today. The Genius Sports Limited 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 $5.73 and $6.54. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Friday, March 22, 2024, and so far it has risen 1.78%. 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). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Genius Sports Limited stock

Genius Sports Limited finds support from accumulated volume at $5.70 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 $0.155 between high and low, or 2.76%. For the last week, the stock has had daily average volatility of 3.52%.

Our recommended stop-loss: $5.39 (-5.61%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 4 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Genius Sports Limited to open at $5.70, and during the day (based on 14 day Average True Range), to move between $5.45 and $5.97, which gives a possible trading interval of +/-$0.259 (+/-4.54%) up or down from last closing price. If Genius Sports Limited takes out the full calculated possible swing range there will be an estimated 9.08% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $5.70 (0.18%) than the resistance at $5.96 (4.38%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Genius Sports Limited stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Genius Sports Limited stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 1.126 Buy Candidate Upgraded

Predicted Opening Price for Genius Sports Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$5.70 ( 0.204%) $5.71

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

Trading levels for GENI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.85 2.51 %
R2 5.79 1.47 %
R1 5.76 0.83 %
Current price: 5.71
Support S1 5.64 -1.24 %
S2 5.60 -1.88 %
S3 5.54 -2.92 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 7.06 23.64 %
R2 6.68 16.99 %
R1 5.96 4.38 %
Current price 5.71
Support S1 5.70 -0.175%
S2 5.66 -0.88%
S3 5.61 -1.75%

FAQ

What is the symbol for Genius Sports Limited Stock and on which exchange is it traded?
The symbol for Genius Sports Limited is GENI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Genius Sports Limited Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Genius Sports Limited stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy Genius Sports Limited Stock?
Genius Sports 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 Genius Sports Limited Stock.

What's the current price of Genius Sports Limited Stock?
As of the end of day on the 2024-03-28, the price of an Genius Sports Limited (GENI) share was $5.71.

What is the 52-week high and low for Genius Sports Limited Stock?
The 52-week high for Genius Sports Limited Stock is $8.45 and the 52-week low is $3.55.

What is the market capitalization of Genius Sports Limited Stock?
As of the 2024-03-28, the market capitalization of Genius Sports Limited is 1.221B.

When is the next earnings date for Genius Sports Limited?
The upcoming earnings date for Genius Sports Limited is May 14, 2024.
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About Genius Sports Limited

Genius Sports Limited Genius Sports Limited develops and sells technology-led products and services to the sports, sports betting, and sports media industries. It offers technology infrastructure for the collection, integration, and distribution of live data of sports leagues; streaming solutions comprising technology, automatic production, and distribution for sports to commercialize video footage of their games; and end-to-end integrity services to sports leagues, s... GENI Profile

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