Jaguar Health, Inc. Stock Forecast
High volatility in Jaguar Health, Inc. stock price on Thursday which ended trading at $0.177
(Updated on Apr 18, 2024)
The stock lies in the upper part of a very wide and weak 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 $0.179 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 6.18% during the next 3 months and, with a 90% probability hold a price between $0.0675 and $0.190 at the end of this 3-month period.
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JAGX Signals & Forecast
The Jaguar Health, 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 $0.136 and $0.0917. 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 Tuesday, April 16, 2024, and so far it has fallen -0.673%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Jaguar Health, Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.165 and $0.143. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.143 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 $0.0424 between high and low, or 29.80%. For the last week, the stock has had daily average volatility of 55.07%.
Our recommended stop-loss: $0.171 (-3.30%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (JAGX) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Jaguar Health, Inc. to open at $0.168, and during the day (based on 14 day Average True Range), to move between $0.146 and $0.208, which gives a possible trading interval of +/-$0.0309 (+/-17.43%) up or down from last closing price. If Jaguar Health, Inc. takes out the full calculated possible swing range there will be an estimated 34.87% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.178 (0.68%) than the support at $0.165 (6.89%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Jaguar Health, 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 Jaguar Health, Inc. stock to perform well in the short-term.
Current score: 2.181 Buy Candidate Unchanged
Predicted Opening Price for Jaguar Health, Inc. of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $0.168 ( 5.12%) | $0.177 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for JAGX
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.210 | 18.82 % | |
| R2 | 0.194 | 9.68 % | ||
| R1 | 0.184 | 4.03 % | ||
| Current price: | 0.177 | |||
| Support | S1 | 0.152 | -14.27 % | |
| S2 | 0.142 | -19.92 % | ||
| S3 | 0.126 | -29.06 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0.178 | 0.678 % | ||
| Current price | 0.177 | |||
| Support | S1 | 0.165 | -6.89% | |
| S2 | 0.143 | -19.25% | ||
| S3 | 0 | . |
FAQ
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