Vicarious Surgical Inc. Stock Forecast
Vicarious Surgical Inc. stock price down 3.77% on Wednesday
(Updated on Apr 24, 2024)
The Vicarious Surgical Inc. stock price fell by -3.77% on the last day (Wednesday, 24th Apr 2024) from $0.284 to $0.273. During the last trading day the stock fluctuated 5.19% from a day low at $0.270 to a day high of $0.284. The price has fallen in 6 of the last 10 days and is down by -16.34% 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 -42 thousand shares and in total, 175 thousand shares were bought and sold for approximately $47.66 thousand.
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 -24.90% during the next 3 months and, with a 90% probability hold a price between $0.164 and $0.334 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
RBOT 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 Vicarious Surgical 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 $0.281 and $0.316. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, April 09, 2024, and so far it has fallen -19.74%. 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 Vicarious Surgical Inc. stock
Vicarious Surgical Inc. finds support from accumulated volume at $0.271 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.0140 between high and low, or 5.19%. For the last week the stock has had daily average volatility of 9.32%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (RBOT) For The Upcoming Trading Day Of Thursday 25th
For the upcoming trading day on Thursday, 25th we expect Vicarious Surgical Inc. to open at $0.276, and during the day (based on 14 day Average True Range), to move between $0.237 and $0.309, which gives a possible trading interval of +/-$0.0357 (+/-13.06%) up or down from last closing price. If Vicarious Surgical Inc. takes out the full calculated possible swing range there will be an estimated 26.13% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.274 (0.40%) than the support at $0.271 (0.55%), 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.
Earnings coming up
Vicarious Surgical Inc. will release earnings AMC on Monday, April 29, 2024.The consensus among the analysts for the expected earnings (EPS) is -$0.100. We will update the financials statements for Vicarious Surgical Inc., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 9.29% in the first trading day after earnings release.
Is Vicarious Surgical Inc. stock A Buy?
Vicarious Surgical 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: -3.304 Sell Candidate Unchanged
Predicted Opening Price for Vicarious Surgical Inc. of Thursday, April 25, 2024
| Fair opening price April 25, 2024 | Current price |
|---|---|
| $0.276 ( 1.00%) | $0.273 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RBOT
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.290 | 6.13 % | |
| R2 | 0.284 | 4.17 % | ||
| R1 | 0.281 | 2.96 % | ||
| Current price: | 0.273 | |||
| Support | S1 | 0.270 | -0.96 % | |
| S2 | 0.267 | -2.17 % | ||
| S3 | 0.262 | -4.13 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.292 | 7.11 % | |
| R2 | 0.276 | 1.06 % | ||
| R1 | 0.274 | 0.403 % | ||
| Current price | 0.273 | |||
| Support | S1 | 0.271 | -0.550% | |
| S2 | 0.252 | -7.66% | ||
| S3 | 0 | . |
FAQ
Click here for our free guide on how to buy Vicarious Surgical Inc. Stock.
