icad inc. stock price up 1.98% on Wednesday
(Updated on Dec 08, 2021)
Sell candidate since 2021-11-09 Loss -24.40% PDF
The icad inc. stock price gained 1.98% on the last trading day (Wednesday, 8th Dec 2021), rising from $7.08 to $7.22. , and 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 day the stock fluctuated 6.59% from a day low at $6.98 to a day high of $7.44. The price has fallen in 6 of the last 10 days and is down by -7.55% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 62 thousand more shares were traded than the day before. In total, 317 thousand shares were bought and sold for approximately $2.29 million.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $6.57 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -28.67% during the next 3 months and, with a 90% probability hold a price between $4.69 and $7.08 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.
Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, December 06, 2021, and so far it has risen 7.76%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The icad inc. stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term moving average at $9.15. On a fall, the stock will find some support from the short-term average at $7.20. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.
Support, Risk & Stop-loss
icad inc. finds support from accumulated volume at $7.08 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 $0.46 between high and low, or 6.59%. For the last week, the stock has had a daily average volatility of 10.80%.
icad inc. is oversold on RSI14 (22). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.
Is icad inc. stock A Buy?
icad 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.
Current score: -2.242
Predicted Opening Price for icad inc. of Thursday, December 9, 2021
The predicted opening price is based on yesterday's movements between high, low, and the closing price.
|Fair opening price December 9, 2021||Current price|
Remember To Visit Our YouTube Channel
On Nov 10, 2021 "BTIG Research" gave "$24.00" rating for ICAD. The price target was changed from $8.70 to 8.9%.
ICAD Insider Trading
|Dec 07, 2021||Sell||10 000||Sassine Andy||Common Stock|
|Dec 06, 2021||Sell||10 000||Sassine Andy||Common Stock|
|Nov 09, 2021||Sell||10 000||Sassine Andy||Common Stock|
|Nov 08, 2021||Sell||30 000||Go Jonathan||Employee Stock Option (Right to Buy)|
|Nov 08, 2021||Sell||8 750||Go Jonathan||Common Stock|
Fibonacci Support & Resistance Levels
Accumulated Volume Support & Resistance Levels
Click to get the best stock tips daily for free!
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Join 100 000+ Happy SubscribersDon't miss out on the runners!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.