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 IDN
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Stronger technical forecast for Intellicheck Mobilisa, Inc stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Intellicheck Mobilisa, Inc stock price gained 1.29% on the last trading day (Wednesday, 27th Mar 2024), rising from $3.49 to $3.53. During the last trading day the stock fluctuated 7.04% from a day low at $3.41 to a day high of $3.65. The price has been going up and down for this period, and there has been a 93.96% gain for the last 2 weeks. Volume fell on the last day by -780 thousand shares and in total, 362 thousand shares were bought and sold for approximately $1.28 million. 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 upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $3.94 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 18.43% during the next 3 months and, with a 90% probability hold a price between $2.12 and $4.67 at the end of this 3-month period.

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IDN Signals & Forecast

The Intellicheck Mobilisa, 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 $2.76 and $1.98. 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). 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 Monday, March 25, 2024, and so far it has fallen -9.95%. Further fall is indicated until a new bottom pivot has been found. 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 also not.

Support, Risk & Stop-loss for Intellicheck Mobilisa, Inc stock

Intellicheck Mobilisa, Inc finds support from accumulated volume at $3.49 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 $0.240 between high and low, or 7.04%. For the last week the stock has had daily average volatility of 24.41%.

The Intellicheck Mobilisa, Inc stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $3.36 (-4.92%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 79 and this increases the risk substantially. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (IDN) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Intellicheck Mobilisa, Inc to open at $3.53, and during the day (based on 14 day Average True Range), to move between $3.26 and $3.80, which gives a possible trading interval of +/-$0.268 (+/-7.59%) up or down from last closing price. If Intellicheck Mobilisa, Inc takes out the full calculated possible swing range there will be an estimated 15.18% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $3.49 (1.27%) than the resistance at $3.92 (11.05%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Intellicheck Mobilisa, 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 Intellicheck Mobilisa, Inc 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: 1.717 Buy Candidate Upgraded

Predicted Opening Price for Intellicheck Mobilisa, Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$3.53 ( 0%) $3.53

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

Trading levels for IDN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.77 6.80 %
R2 3.68 4.20 %
R1 3.62 2.60 %
Current price: 3.53
Support S1 3.44 -2.60 %
S2 3.38 -4.20 %
S3 3.29 -6.80 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 3.92 11.05 %
Current price 3.53
Support S1 3.49 -1.27%
S2 3.06 -13.31%
S3 0 .

FAQ

What is the symbol for Intellicheck Mobilisa, Inc Stock and on which exchange is it traded?
The symbol for Intellicheck Mobilisa, Inc is IDN and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Intellicheck Mobilisa, Inc 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 Intellicheck Mobilisa, Inc 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.

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

What's the current price of Intellicheck Mobilisa, Inc Stock?
As of the end of day on the 2024-03-27, the price of an Intellicheck Mobilisa, Inc (IDN) share was $3.53.

What is the 52-week high and low for Intellicheck Mobilisa, Inc Stock?
The 52-week high for Intellicheck Mobilisa, Inc Stock is $4.25 and the 52-week low is $1.56.

What is the market capitalization of Intellicheck Mobilisa, Inc Stock?
As of the 2024-03-27, the market capitalization of Intellicheck Mobilisa, Inc is 68.321M.

When is the next earnings date for Intellicheck Mobilisa, Inc?
The upcoming earnings date for Intellicheck Mobilisa, Inc is May 14, 2024.
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About Intellicheck Mobilisa, Inc

Intellicheck Mobilisa Intellicheck, Inc., a technology company, develops, integrates, and markets threat identification and identity authentication solutions for bank and retail fraud prevention, law enforcement threat identification, and mobile and handheld access control and security systems primarily in the United States. It provides identity systems products, including commercial identification products, such as Intellicheck Platform, an identity solution that che... IDN Profile

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