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 PXDT
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Pixie Dust Technologies, Inc. stock price down 1.29% on Friday
(Updated on Jul 19, 2024)

Sell candidate since Jul 16, 2024 Loss -5.56% PDF

The Pixie Dust Technologies, Inc. stock price fell by -1.29% on the last day (Friday, 19th Jul 2024) from $1.55 to $1.53. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 5.88% from a day low at $1.53 to a day high of $1.62. The price has fallen in 8 of the last 10 days and is down by -13.56% 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 -10 thousand shares and in total, 15 thousand shares were bought and sold for approximately $22.43 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 $1.55 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 -46.40% during the next 3 months and, with a 90% probability hold a price between $0.526 and $0.83 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.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

PXDT Signals & Forecast

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. The Pixie Dust Technologies, 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 $1.59 and $1.74. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, July 05, 2024, and so far it has fallen -13.56%. Further fall is indicated until a new bottom pivot has been found. 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. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Pixie Dust Technologies, Inc. stock

Pixie Dust Technologies, Inc. finds support from accumulated volume at $1.52 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0900 between high and low, or 5.88%. For the last week the stock has had daily average volatility of 9.21%.

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

Trading Expectations (PXDT) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Pixie Dust Technologies, Inc. to open at $1.56, and during the day (based on 14 day Average True Range), to move between $1.38 and $1.68, which gives a possible trading interval of +/-$0.146 (+/-9.52%) up or down from last closing price. If Pixie Dust Technologies, Inc. takes out the full calculated possible swing range there will be an estimated 19.05% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.52 (0.65%) than the resistance at $1.55 (1.31%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Pixie Dust Technologies, Inc. stock A Buy?

Pixie Dust Technologies, 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.

Current score: -5.653 Strong Sell Candidate Unchanged

Predicted Opening Price for Pixie Dust Technologies, Inc. of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$1.56 ( 1.96%) $1.53

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

Trading levels for PXDT

Fibonacci Support & Resistance Levels

Level Price
R3 1.65 7.84%
R2 1.62 5.60%
R1 1.59 4.21%
Price 1.53
S1 1.53 -0.286%
S2 1.50 -1.67%
S3 1.47 -3.92%

Accumulated Volume Support & Resistance Levels

Level Price
R3 1.77 15.69%
R2 1.72 12.42%
R1 1.55 1.31%
Price 1.53
S1 1.52 -0.654%
S2 1.45 -5.23%
S3 1.40 -8.50%

FAQ

What is the symbol for Pixie Dust Technologies, Inc. Stock and on which exchange is it traded?
The symbol for Pixie Dust Technologies, Inc. is PXDT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Pixie Dust Technologies, Inc. Stock?
Pixie Dust Technologies, 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.

How to buy Pixie Dust Technologies, Inc. Stock?
Pixie Dust Technologies, 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 Pixie Dust Technologies, Inc. Stock.

What's the current price of Pixie Dust Technologies, Inc. Stock?
As of the end of day on the Jul 19, 2024, the price of an Pixie Dust Technologies, Inc. (PXDT) share was $1.53.

What is the 52-week high and low for Pixie Dust Technologies, Inc. Stock?
The 52-week high for Pixie Dust Technologies, Inc. Stock is $10.51 and the 52-week low is $1.40.

What is the market capitalization of Pixie Dust Technologies, Inc. Stock?
As of the Jul 19, 2024, the market capitalization of Pixie Dust Technologies, Inc. is 22.75M.
Click to get the best stock tips daily for free!