InnerScope Hearing Technologies, Inc. Stock Forecast

OTCBB:INND Open Broker Account

$0.0089 (-14.83%)

Volume: 53.658M

Closed: Dec 01, 2022

Hollow Logo Score: -7.716

InnerScope Hearing Technologies, Inc. Stock Forecast

$0.0089 (-14.83%)

Volume: 53.658M

Closed: Dec 01, 2022

Score Hollow Logo -7.716
* uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSI min/max Values: [ 25 - 80 ]
Last Reaction
Last Reaction
3 months ago
Cucumba 3 months ago
so it seems your needs were satisfied :D

High volatility in InnerScope Hearing Technologies, Inc. stock price on Thursday which ended trading at $0.0089
(Updated on Dec 01, 2022)

Sell candidate since 2022-10-13 Loss -48.55% PDF

The InnerScope Hearing Technologies, Inc. stock price fell by -14.83% on the last day (Thursday, 1st Dec 2022) from $0.0105 to $0.0089. During the last trading day the stock fluctuated 26.44% from a day low at $0.0087 to a day high of $0.0110. The price has fallen in 7 of the last 10 days and is down by -28.8% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -17 million shares and in total, 54 million shares were bought and sold for approximately $477.55 thousand.

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The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -40.94% during the next 3 months and, with a 90% probability hold a price between $0.0041 and $0.0069 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.

INND Signals & Forecast

There are few to no technical positive signals at the moment. The InnerScope Hearing Technologies, 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 $0.0097 and $0.0133. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, November 30, 2022, and so far it has fallen -14.83%. 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). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

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Support, Risk & Stop-loss for InnerScope Hearing Technologies, Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.0072. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0 may give a huge drop in the stock price.

This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.0023 between high and low, or 26.44%. For the last week the stock has had daily average volatility of 27.12%.

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

Trading Expectations (INND) For The Upcoming Trading Day Of Friday 2nd

For the upcoming trading day on Friday, 2nd we expect InnerScope Hearing Technologies, Inc. to open at $0.0095, and during the day (based on 14 day Average True Range), to move between $0.0070 and $0.0108, which gives a possible trading interval of +/-$0.0019 (+/-21.89%) up or down from last closing price. If InnerScope Hearing Technologies, Inc. takes out the full calculated possible swing range there will be an estimated 43.78% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.0094 (5.62%) than the support at $0.0072 (19.66%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is InnerScope Hearing Technologies, Inc. stock A Buy?

InnerScope Hearing Technologies, Inc. holds several negative signals and is within a very 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

Current score: -7.716 Open Broker Account

Strong Sell Candidate Downgraded

Predicted Opening Price for InnerScope Hearing Technologies, Inc. of Friday, December 2, 2022

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

Fair opening price December 2, 2022 Current price
$0.0095 $0.0089 (Undervalued)

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Fibonacci Support & Resistance Levels

Level Price Change
Resistance 0.0118 32.96 %
0.0110 23.09 %
0.0104 16.99 %
Current price: 0.0089
Support 0.0087 -2.76 %
0.0081 -8.85 %
0.0072 -18.73 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 0.0105 17.98 %
0.0105 17.42 %
0.0094 5.62 %
Current price 0.0089
Support 0.0072 -19.66%
0 .
0 .

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About InnerScope Hearing Technologies, Inc.

InnerScope Hearing Technologies InnerScope Hearing Technologies, Inc. provides hearing aids and its hearable, and wearable personal sound amplifier products to retail hearing aid dispensing community. The company engages in the provision of manufacturing and direct-to-consumer distribution/retail of hearing aids, personal sound amplifier products, hearing related treatment therapies, doctor-formulated dietary hearing supplements, and proprietary CDB oil for treating tinnitus. I... INND Profile

Top Fintech Company featured in The Global Fintech Index 2020 as the top Fintech company of the country.

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