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RSI low/high Values: [ 25 - 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 NERD.CN
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Red day on Friday for Nerds on Site Inc.
(Updated on May 10, 2024)

Sell candidate since May 09, 2024 PDF

No changes to the price of Nerds on Site Inc. stock on the last trading day (Friday, 10th May 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0550 to a day high of $0.0550. The price has been going up and down for this period, and there has been a -15.38% loss for the last 2 weeks.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -28.49% during the next 3 months and, with a 90% probability hold a price between $0.0283 and $0.0482 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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NERD.CN Signals & Forecast

There are mixed signals in the stock today. The Nerds on Site Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.0590. On a fall, the stock will find some support from the short-term average at $0.0536. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Thursday, May 09, 2024, and so far it has fallen 0%. 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 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.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation

Support, Risk & Stop-loss for Nerds on Site Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.0500. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the stock price.

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 6.00%

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

Trading Expectations (NERD.CN) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect Nerds on Site Inc. to open at $0.0550, and during the day (based on 14 day Average True Range), to move between $0.0501 and $0.0599, which gives a possible trading interval of +/-$0.0049 (+/-8.96%) up or down from last closing price. If Nerds on Site Inc. takes out the full calculated possible swing range there will be an estimated 17.91% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.0600 (9.09%) than the support at $0.0500 (9.09%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Nerds on Site Inc. stock A Buy?

Nerds on Site Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -4.108 Sell Candidate Unchanged

Predicted Opening Price for Nerds on Site Inc. of Monday, May 13, 2024

Fair opening price May 13, 2024 Current price
$0.0550 ( 0%) $0.0550

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

Trading levels for NERD.CN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0550 .
R2 0.0550 .
R1 0.0550 .
Current price: 0.0550
Support S1 0.0550 .
S2 0.0550 .
S3 0.0550 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0.0650 18.18 %
R1 0.0600 9.09 %
Current price 0.0550
Support S1 0.0500 -9.09%
S2 0 .
S3 0 .

FAQ

What is the symbol for Nerds on Site Inc. Stock and on which exchange is it traded?
The symbol for Nerds on Site Inc. is NERD.CN and it is traded on the CNQ (Canadian Securities Exchange).

Should I buy or sell Nerds on Site Inc. Stock?
Nerds on Site Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Nerds on Site Inc. Stock?
Nerds on Site 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 Nerds on Site Inc. Stock.

What's the current price of Nerds on Site Inc. Stock?
As of the end of day on the May 10, 2024, the price of an Nerds on Site Inc. (NERD.CN) share was $0.0550.

What is the 52-week high and low for Nerds on Site Inc. Stock?
The 52-week high for Nerds on Site Inc. Stock is $0.105 and the 52-week low is $0.0450.

What is the market capitalization of Nerds on Site Inc. Stock?
As of the May 10, 2024, the market capitalization of Nerds on Site Inc. is 4.918M.

When is the next earnings date for Nerds on Site Inc.?
The upcoming earnings date for Nerds on Site Inc. is Aug 22, 2024.
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About Nerds on Site Inc.

Nerds on Site. Nerds on Site Inc. provides information technology (IT), hardware, software, and related support services to small to medium-sized enterprises in Canada and the United States. It offers proactive monitoring, disaster recovery and business continuity, managed IT, network security, onsite SMB IT support, Web hosting, and wireless networking services; IT assessment and consulting, outsourcing, and help desk services; Web, application, and database d... NERD.CN Profile

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