Tff Pharmaceuticals, Inc. Stock Forecast

Tff Pharmaceuticals, Inc. stock price down 0.515% on Monday
(Updated on Jun 17, 2024)

TFFP Signals & Forecast

There are mixed signals in the stock today. The Tff Pharmaceuticals, 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 $2.10. On a fall, the stock will find some support from the short-term average at $1.88. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Tff Pharmaceuticals, Inc. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Friday, June 07, 2024, and so far it has risen 9.66%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss for Tff Pharmaceuticals, Inc. stock

Tff Pharmaceuticals, Inc. finds support from accumulated volume at $1.91 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 a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.0700 between high and low, or 3.63%. For the last week, the stock has had daily average volatility of 8.01%.

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

Trading Expectations (TFFP) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect Tff Pharmaceuticals, Inc. to open at $1.95, and during the day (based on 14 day Average True Range), to move between $1.70 and $2.16, which gives a possible trading interval of +/-$0.233 (+/-12.09%) up or down from last closing price. If Tff Pharmaceuticals, Inc. takes out the full calculated possible swing range there will be an estimated 24.18% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $1.94 (0.42%) than the support at $1.91 (1.04%), 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 Tff Pharmaceuticals, Inc. stock A Buy?

Tff Pharmaceuticals, 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: -3.088 Sell Candidate Unchanged

Predicted Opening Price for Tff Pharmaceuticals, Inc. of Tuesday, June 18, 2024

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