Jianzhi Education Technology Group Co Stock Forecast

Jianzhi Education Technology Group Co stock price down 3.21% on Thursday
(Updated on May 16, 2024)

JZ 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 Jianzhi Education Technology Group Co 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 $2.18 and $2.20. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, April 11, 2024, and so far it has fallen -9.83%. Further fall is indicated until a new bottom pivot has been found. 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. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Jianzhi Education Technology Group Co stock

Jianzhi Education Technology Group Co finds support from accumulated volume at $2.07 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.0618 between high and low, or 2.94%. For the last week the stock has had daily average volatility of 3.67%

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

Trading Expectations (JZ) For The Upcoming Trading Day Of Friday 17th

For the upcoming trading day on Friday, 17th we expect Jianzhi Education Technology Group Company Limited to open at $2.12, and during the day (based on 14 day Average True Range), to move between $2.00 and $2.22, which gives a possible trading interval of +/-$0.111 (+/-5.26%) up or down from last closing price. If Jianzhi Education Technology Group Company Limited takes out the full calculated possible swing range there will be an estimated 10.52% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.07 (1.90%) than the resistance at $2.16 (2.37%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Jianzhi Education Technology Group Company Limited stock A Buy?

The Jianzhi Education Technology Group Co stock holds several negative signals and despite the positive trend, we believe Jianzhi Education Technology Group Co will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.467 Sell Candidate Unchanged

Predicted Opening Price for Jianzhi Education Technology Group Company Limited of Friday, May 17, 2024

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