Akerna Corp. Stock Forecast

Akerna Corp. stock price down 0% on Friday
(Updated on Jun 21, 2024)

KERNW 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 Akerna Corp. 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 $0.0009 and $0.0035. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 20, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Akerna Corp. 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.

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 between high and low, or 0%. For the last week the stock has had daily average volatility of 102.29%

Our recommended stop-loss: $0.0007 (-4.38%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (KERNW) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect Akerna Corp. to open at $0.0007, and during the day (based on 14 day Average True Range), to move between -$0.0010 and $0.0024, which gives a possible trading interval of +/-$0.0017 (+/-247.57%) up or down from last closing price. If Akerna Corp. takes out the full calculated possible swing range there will be an estimated 495.14% move between the lowest and the highest trading price during the day.

Is Akerna Corp. stock A Buy?

Akerna Corp. 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: 0.000 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 Akerna Corp. of Monday, June 24, 2024

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