Intellicheck Mobilisa, Inc Stock Forecast
Intellicheck Mobilisa, Inc stock price ended at $3.18 on Thursday, after losing 0%.
(Updated on Apr 25, 2024)
No changes to the price of Intellicheck Mobilisa, Inc stock on the last trading day (Thursday, 25th Apr 2024). During the last trading day the stock fluctuated 4.62% from a day low at $3.08 to a day high of $3.22. The price has risen in 5 of the last 10 days but is still down by -7.29% for this period.
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 82.75% during the next 3 months and, with a 90% probability hold a price between $4.69 and $8.53 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
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 $3.07 and $2.85. A breakdown below any of these levels will issue sell signals. 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 -18.88%. 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 on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Intellicheck Mobilisa, Inc stock
Intellicheck Mobilisa, Inc finds support from accumulated volume at $3.16 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.142 between high and low, or 4.62%. For the last week the stock has had daily average volatility of 6.81%.
Our recommended stop-loss: $3.02 (-4.98%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 22 days ago.)
Trading Expectations (IDN) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Intellicheck Mobilisa, Inc to open at $3.16, and during the day (based on 14 day Average True Range), to move between $2.92 and $3.44, which gives a possible trading interval of +/-$0.259 (+/-8.16%) up or down from last closing price. If Intellicheck Mobilisa, Inc takes out the full calculated possible swing range there will be an estimated 16.31% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $3.16 (0.63%) than the resistance at $3.48 (9.43%), 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.
Current score: 2.115 Buy Candidate Unchanged
Predicted Opening Price for Intellicheck Mobilisa, Inc of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| $3.16 ( 0.603%) | $3.18 |
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 | 3.30 | 3.87 % | |
| R2 | 3.25 | 2.16 % | ||
| R1 | 3.22 | 1.11 % | ||
| Current price: | 3.18 | |||
| Support | S1 | 3.11 | -2.31 % | |
| S2 | 3.07 | -3.37 % | ||
| S3 | 3.02 | -5.08 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.92 | 23.27 % | |
| R2 | 3.49 | 9.59 % | ||
| R1 | 3.48 | 9.43 % | ||
| Current price | 3.18 | |||
| Support | S1 | 3.16 | -0.629% | |
| S2 | 3.06 | -3.77% | ||
| S3 | 2.80 | -11.95% |
FAQ
Click here for our free guide on how to buy Intellicheck Mobilisa, Inc Stock.
