RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MNTS
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Momentus Inc. stock upgraded from Strong Sell Candidate to Sell Candidate after Thursday trading session.
(Updated on Mar 28, 2024)

Sell candidate since Mar 01, 2024 Loss -38.74% PDF

The Momentus Inc. stock price fell by -3.57% on the last day (Thursday, 28th Mar 2024) from $0.448 to $0.432. During the last trading day the stock fluctuated 4.65% from a day low at $0.430 to a day high of $0.450. The price has been going up and down for this period, and there has been a -12.55% loss for the last 2 weeks. 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 -12 thousand shares and in total, 239 thousand shares were bought and sold for approximately $103.17 thousand.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $0.480 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -64.76% during the next 3 months and, with a 90% probability hold a price between $0.0443 and $0.169 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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MNTS Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 2.13%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Momentus 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 $0.442 and $0.646. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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.

Support, Risk & Stop-loss for Momentus Inc. stock

Momentus Inc. finds support from accumulated volume at $0.423 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 periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.0200 between high and low, or 4.65%. For the last week the stock has had daily average volatility of 8.53%.

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

Trading Expectations (MNTS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Momentus Inc. to open at $0.437, and during the day (based on 14 day Average True Range), to move between $0.345 and $0.519, which gives a possible trading interval of +/-$0.0872 (+/-20.19%) up or down from last closing price. If Momentus Inc. takes out the full calculated possible swing range there will be an estimated 40.38% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.423 (2.08%) than the resistance at $0.452 (4.65%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Momentus Inc. stock A Buy?

Momentus 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: -4.650 Sell Candidate Upgraded

Predicted Opening Price for Momentus Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.437 ( 1.23%) $0.432

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

Trading levels for MNTS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.457 5.86 %
R2 0.450 4.10 %
R1 0.445 3.00 %
Current price: 0.432
Support S1 0.430 -0.534 %
S2 0.425 -1.63 %
S3 0.417 -3.40 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.510 18.06 %
R2 0.461 6.76 %
R1 0.452 4.65 %
Current price 0.432
Support S1 0.423 -2.08%
S2 0 .
S3 0 .

FAQ

What is the symbol for Momentus Inc. Stock and on which exchange is it traded?
The symbol for Momentus Inc. is MNTS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Momentus Inc. Stock?
Momentus 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.

How to buy Momentus Inc. Stock?
Momentus Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Momentus Inc. Stock.

What's the current price of Momentus Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Momentus Inc. (MNTS) share was $0.432.

What is the 52-week high and low for Momentus Inc. Stock?
The 52-week high for Momentus Inc. Stock is $29.29 and the 52-week low is $0.406.

What is the market capitalization of Momentus Inc. Stock?
As of the 2024-03-28, the market capitalization of Momentus Inc. is 5.746M.

When is the next earnings date for Momentus Inc.?
The upcoming earnings date for Momentus Inc. is Apr 02, 2024.
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About Momentus Inc.

Momentus. Momentus Inc., together with its subsidiaries, operates as a commercial space company. The company focuses on providing in-space infrastructure services, including in-space transportation, hosted payloads, and in-orbit services. Its principal and target customers include satellite operators. The company is headquartered in San Jose, California.... MNTS Profile

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