Northern Star Investment Corp. II Stock Forecast
Big movements in Northern Star Investment Corp. II stock price on Wednesday moving 400.00% between high and low
(Updated on Mar 27, 2024)
The Northern Star Investment Corp. II stock price gained 42.86% on the last trading day (Wednesday, 27th Mar 2024), rising from $0.0700 to $0.100. During the last trading day the stock fluctuated 400.00% from a day low at $0.0700 to a day high of $0.350. The price has been going up and down for this period, and there has been a -99.05% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 7 thousand shares were bought and sold for approximately $679.30 .
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 -$0.0912 is broken, it will firstly indicate a stronger fall rate. Due to the high volatility and the trend direction we are not able to give forecast range for this stock.
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NSTB Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 95.69%. Further rise is indicated until a new top pivot has been found. Northern Star Investment Corp. II has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Northern Star Investment Corp. II 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 $3.14 and $8.84. 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).
Support, Risk & Stop-loss for Northern Star Investment Corp. II stock
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 $0.280 between high and low, or 400.00%. For the last week, the stock has had daily average volatility of 885.45%.
Northern Star Investment Corp. II is oversold on RSI14 (7). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (NSTB) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect Northern Star Investment Corp. II to open at $0.173, and during the day (based on 14 day Average True Range), to move between -$0.81 and $1.01, which gives a possible trading interval of +/-$0.91 (+/-909.04%) up or down from last closing price. If Northern Star Investment Corp. II takes out the full calculated possible swing range there will be an estimated 1 818.07% move between the lowest and the highest trading price during the day.
Is Northern Star Investment Corp. II stock A Buy?
Northern Star Investment Corp. II 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.
Current score: -5.620 Strong Sell Candidate Unchanged
Predicted Opening Price for Northern Star Investment Corp. II of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
$0.173 ( 73.33%) | $0.100 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NSTB
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.453 | 353.33 % | |
R2 | 0.346 | 246.37 % | ||
R1 | 0.280 | 180.29 % | ||
Current price: | 0.100 | |||
Support | S1 | 0.0664 | -33.63 % | |
S2 | 0.0003 | -99.71 % | ||
S3 | -0.107 | -206.67 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0 | . | ||
Current price | 0.100 | |||
Support | S1 | 0 | . | |
S2 | 0 | . | ||
S3 | 0 | . |
NSTB Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 21, 2024 | Mar 21, 2024 | Mar 21, 2024 | $10.45 | 1,536.32% |
FAQ
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