SI-BONE Inc. Stock Forecast

Stock Analysis |
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Risk Assessment |
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SI-BONE Inc. stock downgraded to Hold/Accumulate
(Updated on Feb 11, 2025)
The SI-BONE Inc. stock price fell by -2.87% on the last day (Tuesday, 11th Feb 2025) from $17.07 to $16.58. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 3.54% from a day low at $16.53 to a day high of $17.11. The price has fallen in 6 of the last 10 days but is still up by 0.12% over the past 2 weeks. 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 -35 thousand shares and in total, 220 thousand shares were bought and sold for approximately $3.64 million.
The stock has broken the strong rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at $16.77. A reaction back to this level may hold a second chance to get out before further falls.

SIBN Signals & Forecast
The SI-BONE Inc. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $17.29. On a fall, the stock will find some support from the long-term average at approximately $15.60. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, February 05, 2025, and so far it has fallen -8.40%. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Thursday, December 05, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Thursday, December 05, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for SI-BONE Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $13.72 and $13.14. 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, SI-BONE Inc. finds support just below today's level at $13.72. If this is broken, then the next support from accumulated volume will be at $13.14 and $12.44.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.585 between high and low, or 3.54%. For the last week, the stock has had daily average volatility of 4.07%.
Our recommended stop-loss: $15.58 (-6.02%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 4 days ago.)
Trading Expectations (SIBN) For The Upcoming Trading Day Of Wednesday 12th
For the upcoming trading day on Wednesday, 12th we expect SI-BONE Inc. to open at $16.74, and during the day (based on 14 day Average True Range), to move between $15.80 and $17.36, which gives a possible trading interval of +/-$0.775 (+/-4.67%) up or down from last closing price. If SI-BONE Inc. takes out the full calculated possible swing range there will be an estimated 9.35% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $16.64 (0.36%) than the support at $13.72 (17.25%), 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 SI-BONE Inc. stock A Buy?
SI-BONE Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score:
-0.531
Hold/Accumulate
Downgraded
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Predicted Fair Opening Price
Predicted fair opening price on February 12, 2025 - $16.74 ( 0.95%).SIBN Performance
Trading levels for SIBN
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 17.32 | 4.48% |
R2 | 17.10 | 3.14% |
R1 | 16.96 | 2.30% |
Price | 16.58 | |
S1 | 16.51 | -0.393% |
S2 | 16.38 | -1.23% |
S3 | 16.15 | -2.57% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 17.04 | 2.77% |
R2 | 16.92 | 2.05% |
R1 | 16.64 | 0.362% |
Price | 16.58 | |
S1 | 13.72 | -17.25% |
S2 | 13.14 | -20.75% |
S3 | 12.44 | -24.97% |
FAQ
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