50% off all subscriptions! ... left. Order NowOrder Now

CS Disco, Inc. Stock Forecast NYSE:LAW

$37.15 (-6.09%)

Volume: 221k

Closed: Nov 26, 2021

Hollow Logo Score: -4.938

CS Disco, Inc. Stock Forecast

$37.15 (-6.09%)

Volume: 221k

Closed: Nov 26, 2021

Score Hollow Logo -4.938
Which way will LAW go? Request

LAW Stock Risk

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 $2.32 between high and low, or 6.34%. For the last week, the stock has had a daily average volatility of 7.81%.

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

Overall risk:

Very Low Low Medium High Very High

* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] The CS Disco, Inc. stock currently holds an RSI14 at 19 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

CS Disco, Inc. stock price fell more than -6.09% Friday closing at $37.15
(Updated on Nov 26, 2021)


Sell candidate since 2021-11-18 Loss -21.57%

The CS Disco, Inc. stock price fell by -6.09% on the last day (Friday, 26th Nov 2021) from $39.56 to $37.15. During the day the stock fluctuated 6.34% from a day low at $36.62 to a day high of $38.94. The price has fallen in 6 of the last 10 days and is down by -22.85% 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 -20 thousand shares and in total, 221 thousand shares were bought and sold for approximately $8.23 million.

The stock has broken the very wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($38.79) are considered to be a "second chance" to get out. According to the fan-theory $20.13 will represent the new bottom line of the next trend, but it is far too early to say this for certain.

Signals & Forecast

There are few to no technical positive signals at the moment. The CS Disco, 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 $42.62 and $49.43. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, November 04, 2021, and so far it has fallen -35.36%. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss

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 $2.32 between high and low, or 6.34%. For the last week, the stock has had a daily average volatility of 7.81%.

CS Disco, Inc. is oversold on RSI14 (19). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Is CS Disco, Inc. stock A Buy?

CS Disco, 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -4.938

Predicted Opening Price for CS Disco, Inc. of Monday, November 29, 2021

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

Fair opening price November 29, 2021 Current price
$37.57 $37.15 (Undervalued)
Sell Candidate Upgraded

Remember To Visit Our YouTube Channel

Analyst Ratings

On Nov 10, 2021 "Citigroup" gave "$74.00 - $71.00" rating for LAW. The price target was changed from $50.03 to 7.7%.

Volatility and Risk
Daily Average Volatility: 7.81 %
Overall Risk: Very High High Medium Low Very Low
Volatility
7.81 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $39.97
Price: $37.15
No Support Found

LAW Insider Trading Show all Trades

INSIDER POWER

2.026

Last 77 transactions
Buy: 49 880 608 | Sell: 24 625 813 (Shares)
Date Action Amount Person Type
Nov 18, 2021 Sell 1 800 Camara Kiwi Common Stock
Nov 17, 2021 Sell 900 Camara Kiwi Common Stock
Nov 16, 2021 Sell 0 Goodman Robert P Common Stock
Nov 16, 2021 Sell 1 200 000 Bessemer Venture Partners Viii L.p. Common Stock
Nov 16, 2021 Sell 34 321 Camara Kiwi Common Stock
Show all Insider Trades
INSIDER POWER

2.026

Last 77 transactions
Buy: 49 880 608 | Sell: 24 625 813 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 39.89 7.38 %
39.00 4.99 %
38.46 3.52 %
Current price: 37.15
Support 36.68 -1.26 %
36.14 -2.73 %
35.25 -5.11 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 44.51 19.81 %
44.04 18.55 %
39.97 7.59 %
Current price 37.15
Support 0 .
0 .
0 .

Click to get the best stock tips daily for free!

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!

StockInvest.usJoin 100 000+ Happy Subscribers

Don't miss out on the runners!

Get The StockInvest.Us Newsletter

StockInvest.usStock Podcast

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT