NSAV Holding, Inc. Stock Forecast

Big movements in NSAV Holding, Inc. stock price on Thursday moving 25.00% between high and low
(Updated on Apr 25, 2024)

NSAV Signals & Forecast

The NSAV Holding, Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.0032 and $0.0019. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 11, 2024, and so far it has risen 269.23%. Further rise is indicated until a new top pivot has been found. 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. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for NSAV Holding, Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.0039. 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.

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 $0.0010 between high and low, or 25.00%. For the last week the stock has had daily average volatility of 27.26%.

The NSAV Holding, Inc. stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought and the RSI is still moving upwards. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely, and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $0.0047 (-2.88%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 81 and this increases the risk substantially. There is a buy signal from a pivot bottom found 32 days ago.)

Trading Expectations (NSAV) For The Upcoming Trading Day Of Friday 26th

For the upcoming trading day on Friday, 26th we expect NSAV Holding, Inc. to open at $0.0046, and during the day (based on 14 day Average True Range), to move between $0.0043 and $0.0053, which gives a possible trading interval of +/-$0.0005 (+/-11.42%) up or down from last closing price. If NSAV Holding, Inc. takes out the full calculated possible swing range there will be an estimated 22.85% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $0.0039, some $0.0009 (18.75%) from the current price of $0.0048, our system finds the risk reward attractive.

Is NSAV Holding, Inc. stock A Buy?

NSAV Holding, Inc. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 7.900 Strong Buy Candidate Unchanged

Predicted Opening Price for NSAV Holding, Inc. of Friday, April 26, 2024

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