Jaguar Health, Inc. Stock Forecast
Big movements in Jaguar Health, Inc. stock price on Friday moving 17.29% between high and low
(Updated on Apr 26, 2024)
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 $0.181 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 51.64% during the next 3 months and, with a 90% probability hold a price between $0.152 and $0.274 at the end of this 3-month period.
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JAGX Signals & Forecast
Mostly positive signals in the chart today. 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 $0.172 and $0.104. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 12, 2024, and so far it has risen 163.54%. 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 is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for Jaguar Health, Inc. stock
Jaguar Health, Inc. finds support from accumulated volume at $0.178 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 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 $0.0287 between high and low, or 17.29%. For the last week, the stock has had daily average volatility of 17.63%.
Our recommended stop-loss: $0.174 (-3.60%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 32 days ago.)
Trading Expectations (JAGX) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Jaguar Health, Inc. to open at $0.180, and during the day (based on 14 day Average True Range), to move between $0.150 and $0.210, which gives a possible trading interval of +/-$0.0301 (+/-16.74%) up or down from last closing price. If Jaguar Health, Inc. takes out the full calculated possible swing range there will be an estimated 33.48% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $0.178, some $0.0017 (0.94%) from the current price of $0.180, our system finds the risk reward attractive.
Is Jaguar Health, Inc. stock A Buy?
Jaguar Health, Inc. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Strong Buy candidate.
Current score: 5.089 Strong Buy Candidate Upgraded
Predicted Opening Price for Jaguar Health, Inc. of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $0.180 ( 0.130%) | $0.180 |
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 | 0.209 | 16.07 % | |
| R2 | 0.198 | 9.98 % | ||
| R1 | 0.191 | 6.22 % | ||
| Current price: | 0.180 | |||
| Support | S1 | 0.169 | -5.96 % | |
| S2 | 0.162 | -9.72 % | ||
| S3 | 0.152 | -15.81 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 0.180 | |||
| Support | S1 | 0.178 | -0.94% | |
| S2 | 0.165 | -8.39% | ||
| S3 | 0.143 | -20.56% |
FAQ
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