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 DYNT
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Red day on Thursday for Dynatronics Corporation
(Updated on Mar 28, 2024)

Sell candidate since Mar 12, 2024 Loss -1.67% PDF

No changes to the price of Dynatronics Corporation stock on the last trading day (Thursday, 28th Mar 2024). During the last trading day the stock fluctuated 1.41% from a day low at $0.447 to a day high of $0.454. The price has been going up and down for this period, and there has been a -2.74% loss for the last 2 weeks.

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 -20.93% during the next 3 months and, with a 90% probability hold a price between $0.293 and $0.465 at the end of this 3-month period.

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DYNT Signals & Forecast

There are mixed signals in the stock today. The Dynatronics Corporation 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 $0.450 and $0.469. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 3.78%. 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). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Dynatronics Corporation stock

Dynatronics Corporation finds support from accumulated volume at $0.440 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0063 between high and low, or 1.41%. For the last week, the stock has had daily average volatility of 1.52%.

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

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

For the upcoming trading day on Monday, 1st we expect Dynatronics Corporation to open at $0.450, and during the day (based on 14 day Average True Range), to move between $0.423 and $0.472, which gives a possible trading interval of +/-$0.0249 (+/-5.56%) up or down from last closing price. If Dynatronics Corporation takes out the full calculated possible swing range there will be an estimated 11.11% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.440 (1.63%) than the resistance at $0.475 (6.15%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Dynatronics Corporation stock A Buy?

Dynatronics Corporation 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: -2.541 Sell Candidate Unchanged

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

Fair opening price April 1, 2024 Current price
$0.450 ( 0.469%) $0.447

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

Trading levels for DYNT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.456 1.88 %
R2 0.453 1.34 %
R1 0.452 1.01 %
Current price: 0.447
Support S1 0.447 -0.0685 %
S2 0.446 -0.401 %
S3 0.443 -0.94 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.500 11.85 %
R2 0.490 9.52 %
R1 0.475 6.15 %
Current price 0.447
Support S1 0.440 -1.63%
S2 0.433 -3.22%
S3 0.433 -3.26%

FAQ

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

Should I buy or sell Dynatronics Corporation Stock?
Dynatronics Corporation 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.

How to buy Dynatronics Corporation Stock?
Dynatronics 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 Dynatronics Corporation Stock.

What's the current price of Dynatronics Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Dynatronics Corporation (DYNT) share was $0.447.

What is the 52-week high and low for Dynatronics Corporation Stock?
The 52-week high for Dynatronics Corporation Stock is $1.64 and the 52-week low is $0.420.

What is the market capitalization of Dynatronics Corporation Stock?
As of the 2024-03-28, the market capitalization of Dynatronics Corporation is 2.184M.

When is the next earnings date for Dynatronics Corporation?
The upcoming earnings date for Dynatronics Corporation is May 09, 2024.
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About Dynatronics Corporation

Dynatronics Dynatronics Corporation, a medical device company, designs, manufactures, and sells physical therapy, rehabilitation, orthopedics, pain management, and athletic training products in the United States. Its orthopedic soft bracing products include cervical collars, shoulder immobilizers, arm slings, wrist and elbow supports, abdominal and lumbosacral supports, maternity supports, knee immobilizers and supports, ankle walkers and supports, plantar f... DYNT Profile

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