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

Green day on Wednesday for Stitch Fix Inc.
(Updated on Mar 27, 2024)

Sell candidate since Feb 20, 2024 Loss -29.28% PDF

The Stitch Fix Inc. stock price gained 0.412% on the last trading day (Wednesday, 27th Mar 2024), rising from $2.43 to $2.44. During the last trading day the stock fluctuated 3.98% from a day low at $2.39 to a day high of $2.48. The price has risen in 7 of the last 10 days and is up by 5.17% over the past 2 weeks. Volume fell on the last day by -568 thousand shares and in total, 1 million shares were bought and sold for approximately $3.23 million. 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 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 -24.93% during the next 3 months and, with a 90% probability hold a price between $1.55 and $2.59 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.

SFIX Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 9.42%. 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). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Stitch Fix 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 $2.93. On a fall, the stock will find some support from the short-term average at $2.43. 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.

Support, Risk & Stop-loss for Stitch Fix Inc. stock

Stitch Fix Inc. finds support from accumulated volume at $2.43 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 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 $0.0950 between high and low, or 3.98%. For the last week, the stock has had daily average volatility of 5.80%.

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

Trading Expectations (SFIX) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Stitch Fix Inc. to open at $2.44, and during the day (based on 14 day Average True Range), to move between $2.27 and $2.61, which gives a possible trading interval of +/-$0.174 (+/-7.11%) up or down from last closing price. If Stitch Fix Inc. takes out the full calculated possible swing range there will be an estimated 14.22% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.43 (0.61%) than the resistance at $2.46 (0.82%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Stitch Fix Inc. stock A Buy?

Stitch Fix Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -4.073 Sell Candidate Unchanged

Predicted Opening Price for Stitch Fix Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$2.44 ( 0.205%) $2.44

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

Trading levels for SFIX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.53 3.69 %
R2 2.49 2.20 %
R1 2.47 1.28 %
Current price: 2.44
Support S1 2.40 -1.69 %
S2 2.38 -2.61 %
S3 2.34 -4.10 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.59 6.15 %
R2 2.51 2.87 %
R1 2.46 0.82 %
Current price 2.44
Support S1 2.43 -0.615%
S2 2.34 -4.10%
S3 2.27 -6.97%

FAQ

What is the symbol for Stitch Fix Inc. Stock and on which exchange is it traded?
The symbol for Stitch Fix Inc. is SFIX and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Stitch Fix Inc. Stock?
Stitch Fix Inc. holds several negative signals and we believe that 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 Stitch Fix Inc. Stock?
Stitch Fix 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 Stitch Fix Inc. Stock.

What's the current price of Stitch Fix Inc. Stock?
As of the end of day on the 2024-03-27, the price of an Stitch Fix Inc. (SFIX) share was $2.44.

What is the 52-week high and low for Stitch Fix Inc. Stock?
The 52-week high for Stitch Fix Inc. Stock is $5.20 and the 52-week low is $2.16.

What is the market capitalization of Stitch Fix Inc. Stock?
As of the 2024-03-27, the market capitalization of Stitch Fix Inc. is 292.017M.

When is the next earnings date for Stitch Fix Inc.?
The upcoming earnings date for Stitch Fix Inc. is Jun 04, 2024.
Click to get the best stock tips daily for free!

About Stitch Fix Inc.

Stitch Fix. Stitch Fix, Inc. sells a range of apparel, shoes, and accessories through its Website and mobile application in the United States. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags for men, women, and kids under the Stitch Fix brand. The company was formerly known as rack habit inc. and changed its name to Stitch Fix, Inc. in October 2011. Stitch Fix, Inc. was incorporated in 2011 and is headquartered in San Francisco, Calif... SFIX Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT