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 TROO
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TROOPS, Inc. stock price down 1.44% on Thursday
(Updated on Mar 28, 2024)

Sell candidate since Mar 06, 2024 Loss -21.71% PDF

The TROOPS, Inc. stock price fell by -1.44% on the last day (Thursday, 28th Mar 2024) from $1.39 to $1.37. During the last trading day the stock fluctuated 4.58% from a day low at $1.31 to a day high of $1.37. The price has risen in 6 of the last 10 days but is still down by -14.43% for this period. Volume has increased on the last day by 508 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 27 thousand shares were bought and sold for approximately $36.59 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 -44.09% during the next 3 months and, with a 90% probability hold a price between $0.713 and $0.95 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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TROO Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 2.24%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The TROOPS, 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 $1.46 and $1.73. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). TROOPS, 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.

Support, Risk & Stop-loss for TROOPS, Inc. stock

TROOPS, Inc. finds support from accumulated volume at $1.34 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 $0.0600 between high and low, or 4.58%. For the last week, the stock has had daily average volatility of 8.24%.

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

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

For the upcoming trading day on Monday, 1st we expect TROOPS, Inc. to open at $1.35, and during the day (based on 14 day Average True Range), to move between $1.23 and $1.51, which gives a possible trading interval of +/-$0.137 (+/-10.00%) up or down from last closing price. If TROOPS, Inc. takes out the full calculated possible swing range there will be an estimated 20.01% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $1.38 (0.73%) than the support at $1.34 (2.19%), 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 TROOPS, Inc. stock A Buy?

TROOPS, 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: -3.798 Sell Candidate Unchanged

Predicted Opening Price for TROOPS, Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$1.35 ( 1.46%) $1.37

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

Trading levels for TROO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.41 2.92 %
R2 1.39 1.25 %
R1 1.37 0.213 %
Current price: 1.37
Support S1 1.33 -3.13 %
S2 1.31 -4.17 %
S3 1.29 -5.84 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.65 20.44 %
R2 1.44 5.11 %
R1 1.38 0.730 %
Current price 1.37
Support S1 1.34 -2.19%
S2 0 .
S3 0 .

FAQ

What is the symbol for TROOPS, Inc. Stock and on which exchange is it traded?
The symbol for TROOPS, Inc. is TROO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell TROOPS, Inc. Stock?
TROOPS, 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.

How to buy TROOPS, Inc. Stock?
TROOPS, 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 TROOPS, Inc. Stock.

What's the current price of TROOPS, Inc. Stock?
As of the end of day on the 2024-03-28, the price of an TROOPS, Inc. (TROO) share was $1.37.

What is the 52-week high and low for TROOPS, Inc. Stock?
The 52-week high for TROOPS, Inc. Stock is $4.99 and the 52-week low is $1.29.

What is the market capitalization of TROOPS, Inc. Stock?
As of the 2024-03-28, the market capitalization of TROOPS, Inc. is 139.189M.

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

TROOPS. TROOPS, Inc., together with its subsidiaries, engages in the money lending business in Hong Kong and Australia. The company provides mortgage, personal, and corporate loans. It also develops, operates, and manages an online financial marketplace that connects financial institutions and users through its mobile application, which offers financial technology solutions, including application programming interface (API) services. In addition, the com... TROO Profile

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