GSE Systems, Inc Stock Forecast

Volatile ride for GSE Systems, Inc stock price on Thursday moving between $2.57 and $2.84
(Updated on Apr 25, 2024)

GVP Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Monday, April 08, 2024, and so far it has fallen -18.10%. 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). GSE Systems, Inc gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued. The GSE Systems, Inc 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 $2.62 and $2.62. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for GSE Systems, Inc stock

GSE Systems, Inc finds support from accumulated volume at $2.61 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 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 $0.270 between high and low, or 10.51%. For the last week, the stock has had daily average volatility of 8.22%.

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

Trading Expectations (GVP) For The Upcoming Trading Day Of Friday 26th

For the upcoming trading day on Friday, 26th we expect GSE Systems, Inc to open at $2.69, and during the day (based on 14 day Average True Range), to move between $2.39 and $2.95, which gives a possible trading interval of +/-$0.275 (+/-10.31%) up or down from last closing price. If GSE Systems, Inc takes out the full calculated possible swing range there will be an estimated 20.62% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.61 (2.25%) than the resistance at $3.04 (13.86%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is GSE Systems, Inc stock A Buy?

GSE Systems, Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

Current score: -1.153 Sell Candidate Downgraded

Predicted Opening Price for GSE Systems, Inc of Friday, April 26, 2024

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