Kopin Corporation Forecast and Stock Analysis
Technical KOPN stock analysis for February 15, 2019.
| Shorts | n/a |
| Cash | n/a |
| Loans | n/a |
| Beta | 1.59 |
| ROA | -31.83 |
Kopin Corporation gained 6.98% in the last trading day, rising from $1.29 to $1.38 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has risen in 6 of the last 10 days and is up by 4.55% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 228 132 more shares were traded than the day before. In total, 746 739 shares bought and sold for approximately $1.03 million.
Close price at the end of the last trading day (Friday, 15th Feb 2019) of the KOPN stock was $1.38. This is 6.98% more than the trading day before Thursday, 14th Feb 2019.
During day the stock fluctuated 20.91% from a day low at $1.23 to a day high of $1.49.
30 day high of the KOPN stock price was $1.49 and low was $1.06.
90 day high was $1.77 and low was $0.96.
52 week high for the Kopin Corporation - $3.95 and low - $0.96.
Trend
Kopin Corporation lies the upper part of a very wide and falling trend in the short term, and this will 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 $1.41 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -21.25% during the next 3 months and, with 90% probability hold a price between $0.58 and $1.11 at the end of this period.
Signals
Only positive signals in the chart today. Kopin Corporation holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $1.23 and $1.25. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday February 11, 2019, which indicates further gains until a new top pivot has been found. Kopin Corporation has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Access today's Top 5 Golden Star Companies
Relative Strength Index (RSI)
RSI14 is 54 and the stock is currently not being overbought or oversold
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $1.29 and $1.10.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Kopin Corporation finds support just below today's level at $1.29. If this is broken, then the next support from accumulated volume will be at $1.10 and $1.09.
Risk
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.26 between high and low, or 20.91%. For the last week, the stock has had a daily average volatility of 15.64%.
Our recommended stoploss: $1.32 (-4.67%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 4 days ago.)
Overall risk:
Very Low Low Medium High Very High
Evaluation: Buy Candidate
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.
