Exicure, Inc. Stock Forecast
Exicure, Inc. stock price ended at $0.561 on Friday, after losing 3.08%.
(Updated on Apr 19, 2024)
The Exicure, Inc. stock price fell by -3.08% on the last day (Friday, 19th Apr 2024) from $0.579 to $0.561. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 6.24% from a day low at $0.561 to a day high of $0.596. The price has been going up and down for this period, and there has been a 0.2% gain for the last 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 -2 thousand shares and in total, 22 thousand shares were bought and sold for approximately $12.18 thousand.
The stock has broken the very wide and weak 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 $0.565. A reaction back to this level may hold a second chance to get out before further falls.
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XCUR Signals & Forecast
There are mixed signals in the stock today. The Exicure, 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 $0.593 and $0.625. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. 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, April 05, 2024, and so far it has risen 0.196%. 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).
Support, Risk & Stop-loss for Exicure, Inc. stock
Exicure, Inc. finds support from accumulated volume at $0.560 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0350 between high and low, or 6.24%. For the last week the stock has had daily average volatility of 9.86%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (XCUR) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Exicure, Inc. to open at $0.573, and during the day (based on 14 day Average True Range), to move between $0.511 and $0.611, which gives a possible trading interval of +/-$0.0504 (+/-8.98%) up or down from last closing price. If Exicure, Inc. takes out the full calculated possible swing range there will be an estimated 17.95% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.560 (0.18%) than the resistance at $0.590 (5.17%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Exicure, Inc. stock A Buy?
Exicure, 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: -1.469 Sell Candidate Unchanged
Predicted Opening Price for Exicure, Inc. of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| $0.573 ( 2.08%) | $0.561 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for XCUR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.608 | 8.32 % | |
| R2 | 0.594 | 5.94 % | ||
| R1 | 0.586 | 4.46 % | ||
| Current price: | 0.561 | |||
| Support | S1 | 0.559 | -0.304 % | |
| S2 | 0.551 | -1.78 % | ||
| S3 | 0.538 | -4.16 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.678 | 20.91 % | |
| R2 | 0.635 | 13.19 % | ||
| R1 | 0.590 | 5.17 % | ||
| Current price | 0.561 | |||
| Support | S1 | 0.560 | -0.178% | |
| S2 | 0.533 | -4.99% | ||
| S3 | 0.526 | -6.17% |
FAQ
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