GSE Systems, Inc Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Big movements in GSE Systems, Inc stock price on Wednesday moving 13.08% between high and low
(Updated on Apr 24, 2024)
The GSE Systems, Inc stock price gained 4.07% on the last trading day (Wednesday, 24th Apr 2024), rising from $2.70 to $2.81. During the last trading day the stock fluctuated 13.08% from a day low at $2.60 to a day high of $2.94. The price has fallen in 6 of the last 10 days and is down by -12.19% for this period. Volume fell on the last day by -2 thousand shares and in total, 19 thousand shares were bought and sold for approximately $52.72 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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 79.65% during the next 3 months and, with a 90% probability hold a price between $4.45 and $6.41 at the end of this 3-month period.
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GVP Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Monday, April 08, 2024, and so far it has fallen -13.80%. 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). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. The GSE Systems, Inc 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 $2.60 and $2.60. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for GSE Systems, Inc stock
GSE Systems, Inc finds support from accumulated volume at $2.67 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 periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.340 between high and low, or 13.08%. For the last week the stock has had daily average volatility of 8.62%.
Our recommended stop-loss: $2.65 (-5.72%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 12 days ago.)
Trading Expectations (GVP) For The Upcoming Trading Day Of Thursday 25th
For the upcoming trading day on Thursday, 25th we expect GSE Systems, Inc to open at $2.78, and during the day (based on 14 day Average True Range), to move between $2.53 and $3.09, which gives a possible trading interval of +/-$0.275 (+/-9.80%) up or down from last closing price. If GSE Systems, Inc takes out the full calculated possible swing range there will be an estimated 19.61% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $2.67 (4.98%) than the resistance at $3.04 (8.19%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is GSE Systems, Inc 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 GSE Systems, Inc stock to perform well in the short-term.
Current score: 3.449 Buy Candidate Unchanged
Predicted Opening Price for GSE Systems, Inc of Thursday, April 25, 2024
| Fair opening price April 25, 2024 | Current price |
|---|---|
| $2.78 ( 0.95%) | $2.81 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GVP
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.12 | 11.15 % | |
| R2 | 2.99 | 6.53 % | ||
| R1 | 2.91 | 3.67 % | ||
| Current price: | 2.81 | |||
| Support | S1 | 2.65 | -5.57 % | |
| S2 | 2.57 | -8.43 % | ||
| S3 | 2.44 | -13.05 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.17 | 12.63 % | |
| R2 | 3.08 | 9.61 % | ||
| R1 | 3.04 | 8.19 % | ||
| Current price | 2.81 | |||
| Support | S1 | 2.67 | -4.98% | |
| S2 | 2.61 | -7.12% | ||
| S3 | 2.37 | -15.66% |
FAQ
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