RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of RCRT
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Green day on Thursday for Recruiter.com Group, Inc.
(Updated on Mar 28, 2024)

Sell candidate since Mar 21, 2024 Gain 0.92% PDF

The Recruiter.com Group, Inc. stock price gained 1.08% on the last trading day (Thursday, 28th Mar 2024), rising from $1.62 to $1.64. During the last trading day the stock fluctuated 1.65% from a day low at $1.62 to a day high of $1.65. The price has fallen in 5 of the last 10 days but is still up by 4.46% over the past 2 weeks. Volume fell on the last day by -2 thousand shares and in total, 11 thousand shares were bought and sold for approximately $18.35 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.20% during the next 3 months and, with a 90% probability hold a price between $1.24 and $2.28 at the end of this 3-month period.

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RCRT Signals & Forecast

There are few to no technical positive signals at the moment. The Recruiter.com Group, 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 $1.77. On a fall, the stock will find some support from the short-term average at $1.59. 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 Wednesday, February 14, 2024, and so far it has fallen -25.79%. 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 during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Recruiter.com Group, Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $1.46 and $1.42. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Recruiter.com Group, Inc. finds support just below today's level at $1.46. If this is broken, then the next support from accumulated volume will be at $1.42 and $1.37.

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 $0.0267 between high and low, or 1.65%. For the last week the stock has had daily average volatility of 11.95%.

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

Trading Expectations (RCRT) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Recruiter.com Group, Inc. to open at $1.64, and during the day (based on 14 day Average True Range), to move between $1.43 and $1.85, which gives a possible trading interval of +/-$0.209 (+/-12.74%) up or down from last closing price. If Recruiter.com Group, Inc. takes out the full calculated possible swing range there will be an estimated 25.47% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $1.70 (3.66%) than the support at $1.46 (10.98%), 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 Recruiter.com Group, Inc. stock A Buy?

The Recruiter.com Group, Inc. stock holds several negative signals and despite the positive trend, we believe Recruiter.com Group, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.888 Sell Candidate Unchanged

Predicted Opening Price for Recruiter.com Group, Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$1.64 ( 0.270%) $1.64

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

Trading levels for RCRT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.66 1.36 %
R2 1.65 0.736 %
R1 1.65 0.352 %
Current price: 1.64
Support S1 1.63 -0.89 %
S2 1.62 -1.28 %
S3 1.61 -1.90 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.94 18.29 %
R2 1.80 9.76 %
R1 1.70 3.66 %
Current price 1.64
Support S1 1.46 -10.98%
S2 1.42 -13.41%
S3 1.37 -16.46%

FAQ

What is the symbol for Recruiter.com Group, Inc. Stock and on which exchange is it traded?
The symbol for Recruiter.com Group, Inc. is RCRT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Recruiter.com Group, Inc. Stock?
The Recruiter.com Group, Inc. stock holds several negative signals and despite the positive trend, we believe Recruiter.com Group, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Recruiter.com Group, Inc. Stock?
Recruiter.com Group, 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 Recruiter.com Group, Inc. Stock.

What's the current price of Recruiter.com Group, Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Recruiter.com Group, Inc. (RCRT) share was $1.64.

What is the 52-week high and low for Recruiter.com Group, Inc. Stock?
The 52-week high for Recruiter.com Group, Inc. Stock is $2.33 and the 52-week low is $0.135.

What is the market capitalization of Recruiter.com Group, Inc. Stock?
As of the 2024-03-28, the market capitalization of Recruiter.com Group, Inc. is 2.399M.

When is the next earnings date for Recruiter.com Group, Inc.?
The upcoming earnings date for Recruiter.com Group, Inc. is May 06, 2024.
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About Recruiter.com Group, Inc.

Recruiter.com Group. Recruiter.com Group, Inc. operates an on-demand recruiting platform in the United States and internationally. It offers consulting and staffing services for the placement of professional recruiters; and consulting and staffing personnel services to employers. The company also provides referrals of qualified candidates to employers; and subscription to its web-based platforms that help employers recruit talent. In addition, it offers sponsorship o... RCRT Profile

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