Yield10 Bioscience Inc Stock Forecast

Big movements in Yield10 Bioscience Inc stock price on Friday moving 15.28% between high and low
(Updated on Apr 26, 2024)

YTEN Signals & Forecast

There are few to no technical positive signals at the moment. The Yield10 Bioscience 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 $0.249 and $0.300. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 05, 2024, and so far it has fallen -42.70%. 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). Yield10 Bioscience 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 Yield10 Bioscience Inc stock

Yield10 Bioscience Inc finds support from accumulated volume at $0.220 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 $0.0330 between high and low, or 15.28%. For the last week, the stock has had daily average volatility of 14.54%.

Yield10 Bioscience Inc is oversold on RSI14 (7). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

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

Trading Expectations (YTEN) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect Yield10 Bioscience Inc to open at $0.229, and during the day (based on 14 day Average True Range), to move between $0.171 and $0.272, which gives a possible trading interval of +/-$0.0503 (+/-22.70%) up or down from last closing price. If Yield10 Bioscience Inc takes out the full calculated possible swing range there will be an estimated 45.39% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.220 (0.81%) than the resistance at $0.235 (5.73%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Yield10 Bioscience Inc stock A Buy?

The Yield10 Bioscience Inc stock holds several negative signals and despite the positive trend, we believe Yield10 Bioscience Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.245 Sell Candidate Unchanged

Predicted Opening Price for Yield10 Bioscience Inc of Monday, April 29, 2024

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