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 CDXC
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High volatility in ChromaDex Corporation stock price on Thursday which ended trading at $3.48
(Updated on Mar 28, 2024)

Buy or Hold candidate since Jan 26, 2024 Gain 127.45% PDF

The ChromaDex Corporation stock price fell by -5.18% on the last day (Thursday, 28th Mar 2024) from $3.67 to $3.48. During the last trading day the stock fluctuated 18.55% from a day low at $3.18 to a day high of $3.77. The price has risen in 7 of the last 10 days and is up by 69.76% over the past 2 weeks. Volume has increased on the last day by 54 thousand 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, 486 thousand shares were bought and sold for approximately $1.69 million.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 76.50% during the next 3 months and, with a 90% probability hold a price between $3.56 and $6.88 at the end of this 3-month period.

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CDXC Signals & Forecast

The ChromaDex Corporation 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 $3.51. On a fall, the stock will find some support from the long-term average at approximately $2.13. 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. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Tuesday, March 26, 2024, and so far it has fallen -9.38%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for ChromaDex Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $3.06 and $2.99. 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, ChromaDex Corporation finds support just below today's level at $3.06. If this is broken, then the next support from accumulated volume will be at $2.99 and $2.71.

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 $0.590 between high and low, or 18.55%. For the last week, the stock has had daily average volatility of 15.94%.

Our recommended stop-loss: $3.33 (-4.44%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 78 and this increases the risk substantially. There is a sell signal from a pivot top found 2 days ago.)

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

For the upcoming trading day on Monday, 1st we expect ChromaDex Corporation to open at $3.48, and during the day (based on 14 day Average True Range), to move between $3.13 and $3.83, which gives a possible trading interval of +/-$0.352 (+/-10.12%) up or down from last closing price. If ChromaDex Corporation takes out the full calculated possible swing range there will be an estimated 20.25% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $3.56 (2.30%) than the support at $3.06 (12.07%), 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 ChromaDex Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ChromaDex Corporation stock to perform well in the short-term.

Current score: 3.083 Buy Candidate Unchanged

Predicted Opening Price for ChromaDex Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$3.48 ( 0.0958%) $3.48

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

Trading levels for CDXC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.07 16.86 %
R2 3.84 10.38 %
R1 3.70 6.38 %
Current price: 3.48
Support S1 3.25 -6.57 %
S2 3.11 -10.57 %
S3 2.89 -17.05 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.84 10.34 %
R2 3.79 8.91 %
R1 3.56 2.30 %
Current price 3.48
Support S1 3.06 -12.07%
S2 2.99 -14.08%
S3 2.71 -22.13%

FAQ

What is the symbol for ChromaDex Corporation Stock and on which exchange is it traded?
The symbol for ChromaDex Corporation is CDXC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell ChromaDex Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ChromaDex Corporation stock to perform well in the short-term.

How to buy ChromaDex Corporation Stock?
ChromaDex Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ChromaDex Corporation Stock.

What's the current price of ChromaDex Corporation Stock?
As of the end of day on the 2024-03-28, the price of an ChromaDex Corporation (CDXC) share was $3.48.

What is the 52-week high and low for ChromaDex Corporation Stock?
The 52-week high for ChromaDex Corporation Stock is $4.06 and the 52-week low is $1.25.

What is the market capitalization of ChromaDex Corporation Stock?
As of the 2024-03-28, the market capitalization of ChromaDex Corporation is 262.076M.

When is the next earnings date for ChromaDex Corporation?
The upcoming earnings date for ChromaDex Corporation is May 08, 2024.
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About ChromaDex Corporation

ChromaDex ChromaDex Corporation operates as a bioscience company focusing on healthy aging. The company operates through three segments: Consumer products; Ingredients; and Analytical Reference Standards and Services. It researches on nicotinamide adenine dinucleotide (NAD+); provides finished dietary supplement products that contain its proprietary ingredients directly to consumers, as well as to distributors; and develops and commercializes proprietary-b... CDXC Profile

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