Intrusion Inc Stock Forecast
Intrusion Inc stock price ended at $1.54 on Wednesday, after losing 1.28%.
(Updated on May 08, 2024)
The Intrusion Inc stock price fell by -1.28% on the last day (Wednesday, 8th May 2024) from $1.56 to $1.54. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 8.00% from a day low at $1.50 to a day high of $1.62. The price has fallen in 7 of the last 10 days and is down by -13.97% for this period. Volume has increased on the last day by 9 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 159 thousand shares were bought and sold for approximately $244.21 thousand.
Given the current short-term trend, the stock is expected to rise 113.45% during the next 3 months and, with a 90% probability hold a price between $3.29 and $10.46 at the end of this 3-month period.
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INTZ Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Intrusion 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 $1.66 and $2.17. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, April 02, 2024, and so far it has fallen -59.37%. Further fall is indicated until a new bottom pivot has been found. Intrusion 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".
Support, Risk & Stop-loss for Intrusion Inc stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 $0.120 between high and low, or 8.00%. For the last week, the stock has had daily average volatility of 10.16%.
Our recommended stop-loss: $1.46 (-5.12%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 26 days ago.)
Trading Expectations (INTZ) For The Upcoming Trading Day Of Thursday 9th
For the upcoming trading day on Thursday, 9th we expect Intrusion Inc to open at $1.55, and during the day (based on 14 day Average True Range), to move between $1.25 and $1.83, which gives a possible trading interval of +/-$0.290 (+/-18.84%) up or down from last closing price. If Intrusion Inc takes out the full calculated possible swing range there will be an estimated 37.68% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $1.60, some $0.0600 (3.90%) from the current price of $1.54, our system finds the risk reward not very attractive.
Earnings coming up
Intrusion Inc will release earnings AMC on Tuesday, May 14, 2024.The consensus among the analysts for the expected earnings (EPS) is -$1.39. We will update the financials statements for Intrusion Inc, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 13.28% in the first trading day after earnings release.
Is Intrusion Inc stock A Buy?
Intrusion Inc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.711 Hold/Accumulate Unchanged
Predicted Opening Price for Intrusion Inc of Thursday, May 9, 2024
| Fair opening price May 9, 2024 | Current price |
|---|---|
| $1.55 ( 0.87%) | $1.54 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for INTZ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.67 | 8.66 % | |
| R2 | 1.63 | 5.68 % | ||
| R1 | 1.60 | 3.84 % | ||
| Current price: | 1.54 | |||
| Support | S1 | 1.51 | -2.11 % | |
| S2 | 1.48 | -3.95 % | ||
| S3 | 1.43 | -6.93 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.92 | 24.68 % | |
| R2 | 1.74 | 12.99 % | ||
| R1 | 1.60 | 3.90 % | ||
| Current price | 1.54 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
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