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Today MNTS ranks #12571 as sell candidate. Get a Free Stock at Robinhood
Stronger Stock

Momentus Inc. Stock Forecast NASDAQ:MNTS

$7.53 (-0.26%)

Volume: 370k

Closed: Nov 26, 2021

Hollow Logo Score: -4.926

Momentus Inc. Stock Forecast

$7.53 (-0.26%)

Volume: 370k

Closed: Nov 26, 2021

Score Hollow Logo -4.926
Which way will MNTS go? Request

MNTS 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 $0.66 between high and low, or 9.10%. For the last week, the stock has had a daily average volatility of 12.25%.

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: [ 20 - 75 ] The Momentus Inc. stock currently holds an RSI14 at 18 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.

Momentus Inc. stock upgraded to Sell Candidate.
(Updated on Nov 26, 2021)


Sell candidate since 2021-11-10 Loss -29.30%

The Momentus Inc. stock price fell by -0.26% on the last day (Friday, 26th Nov 2021) from $7.55 to $7.53. During the day the stock fluctuated 9.10% from a day low at $7.25 to a day high of $7.91. The price has fallen in 7 of the last 10 days and is down by -28.49% 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 -296 thousand shares and in total, 370 thousand shares were bought and sold for approximately $2.79 million.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $6.84 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -10.99% during the next 3 months and, with a 90% probability hold a price between $6.08 and $10.02 at the end of this 3-month period.

Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, November 23, 2021, and so far it has risen 9.45%. 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 $8.25 and $10.39. 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 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

On the downside, the stock finds support just below today's level from accumulated volume at $6.88. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0 may give a huge drop in the stock price.

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 $0.66 between high and low, or 9.10%. For the last week, the stock has had a daily average volatility of 12.25%.

Momentus Inc. is oversold on RSI14 (18). 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 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: -4.926

Predicted Opening Price for Momentus 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
$7.56 $7.53 (Undervalued)
Sell Candidate Upgraded

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Volatility and Risk
Daily Average Volatility: 12.25 %
Overall Risk: Very High High Medium Low Very Low
Volatility
12.25 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $7.55
Price: $7.53
Support: $6.88

MNTS Insider Trading Show all Trades

INSIDER POWER

3.541

Last 60 transactions
Buy: 49 248 424 | Sell: 13 906 808 (Shares)
Date Action Amount Person Type
Nov 23, 2021 Sell 76 632 Kennedy Fred G Iii Class A Common Stock
Nov 23, 2021 Sell 61 451 Kim Jikun Class A Common Stock
Nov 23, 2021 Sell 28 899 Harms Dawn A. Class A Common Stock
Nov 23, 2021 Sell 28 041 Rood John C. Class A Common Stock
Nov 20, 2021 Sell 57 286 Rood John C. Restricted Stock Units
Show all Insider Trades
INSIDER POWER

3.541

Last 60 transactions
Buy: 49 248 424 | Sell: 13 906 808 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 8.22 9.20 %
7.97 5.86 %
7.82 3.79 %
Current price: 7.53
Support 7.31 -2.91 %
7.16 -4.97 %
6.90 -8.32 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 8.28 9.96 %
8.14 8.10 %
7.55 0.27 %
Current price 7.53
Support 6.88 -8.63%
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