Jaguar Health, Inc. Stock Forecast

Big movements in Jaguar Health, Inc. stock price on Wednesday moving 15.87% between high and low
(Updated on May 01, 2024)

JAGX Signals & Forecast

The Jaguar Health, 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 $0.191 and $0.116. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 12, 2024, and so far it has risen 229.43%. 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 fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Jaguar Health, Inc. stock

Jaguar Health, Inc. finds support from accumulated volume at $0.215 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 $0.0320 between high and low, or 15.87%. For the last week, the stock has had daily average volatility of 17.78%.

Since the Jaguar Health, Inc. has been rising for 6 days in a row, the risk over the next couple of days has increased. As we cannot be certain with regards to the size of the reaction, we urge caution.

Our recommended stop-loss: $0.218 (-3.02%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 35 days ago.)

Trading Expectations (JAGX) For The Upcoming Trading Day Of Thursday 2nd

For the upcoming trading day on Thursday, 2nd we expect Jaguar Health, Inc. to open at $0.220, and during the day (based on 14 day Average True Range), to move between $0.193 and $0.257, which gives a possible trading interval of +/-$0.0318 (+/-14.15%) up or down from last closing price. If Jaguar Health, Inc. takes out the full calculated possible swing range there will be an estimated 28.31% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $0.215, some $0.0103 (4.58%) from the current price of $0.225, our system finds the risk reward attractive.

Is Jaguar Health, Inc. stock A Buy?

Jaguar Health, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Jaguar Health, Inc. of Thursday, May 2, 2024

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