Crown ElectroKinetics Corp. Stock Forecast

Big movements in Crown ElectroKinetics Corp. stock price on Monday moving 85.43% between high and low
(Updated on May 20, 2024)

CRKN Signals & Forecast

The Crown ElectroKinetics Corp. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.113 and $0.0628. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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 Thursday, May 16, 2024, and so far it has fallen -17.08%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Crown ElectroKinetics Corp. stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.171. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the stock price.

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 $0.129 between high and low, or 85.43%. For the last week, the stock has had daily average volatility of 258.64%.

Our recommended stop-loss: $0.189 (-5.02%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 8 days ago.)

Trading Expectations (CRKN) For The Upcoming Trading Day Of Tuesday 21st

For the upcoming trading day on Tuesday, 21st we expect Crown ElectroKinetics Corp. to open at $0.210, and during the day (based on 14 day Average True Range), to move between $0.121 and $0.277, which gives a possible trading interval of +/-$0.0777 (+/-39.02%) up or down from last closing price. If Crown ElectroKinetics Corp. takes out the full calculated possible swing range there will be an estimated 78.05% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.171 (14.07%) than the resistance at $0.240 (20.60%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Crown ElectroKinetics Corp. stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.801 Buy Candidate Upgraded

Predicted Opening Price for Crown ElectroKinetics Corp. of Tuesday, May 21, 2024

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