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 MARK
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High volatility in Remark Holdings, Inc. stock price on Thursday which ended trading at $0.210
(Updated on Mar 28, 2024)

Sell candidate since Feb 09, 2024 Loss -56.72% PDF

The Remark Holdings, Inc. stock price gained 5.48% on the last trading day (Thursday, 28th Mar 2024), rising from $0.199 to $0.210. During the last trading day the stock fluctuated 20.59% from a day low at $0.190 to a day high of $0.229. The price has fallen in 8 of the last 10 days and is down by -31.81% for this period. Volume fell on the last day by -486 thousand shares and in total, 716 thousand shares were bought and sold for approximately $150.34 thousand. 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 lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.0593 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -24.46% during the next 3 months and, with a 90% probability hold a price between $0.0448 and $0.775 at the end of this 3-month period.

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MARK Signals & Forecast

There are few to no technical positive signals at the moment. The Remark Holdings, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.230 and $0.294. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, January 30, 2024, and so far it has fallen -83.21%. 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 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 Remark Holdings, Inc. stock

Remark Holdings, Inc. finds support from accumulated volume at $0.201 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 $0.0391 between high and low, or 20.59%. For the last week the stock has had daily average volatility of 24.21%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MARK) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Remark Holdings, Inc. to open at $0.210, and during the day (based on 14 day Average True Range), to move between $0.143 and $0.277, which gives a possible trading interval of +/-$0.0672 (+/-32.01%) up or down from last closing price. If Remark Holdings, Inc. takes out the full calculated possible swing range there will be an estimated 64.03% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.201 (4.05%) than the resistance at $0.220 (4.81%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Remark Holdings, Inc. stock A Buy?

Remark Holdings, Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -7.620 Strong Sell Candidate Unchanged

Predicted Opening Price for Remark Holdings, Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.210 ( 0.143%) $0.210

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

Trading levels for MARK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.249 18.48 %
R2 0.234 11.37 %
R1 0.225 6.97 %
Current price: 0.210
Support S1 0.195 -7.26 %
S2 0.185 -11.65 %
S3 0.171 -18.77 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.253 20.30 %
R2 0.231 10.05 %
R1 0.220 4.81 %
Current price 0.210
Support S1 0.201 -4.05%
S2 0.201 -4.24%
S3 0.199 -5.19%

FAQ

What is the symbol for Remark Holdings, Inc. Stock and on which exchange is it traded?
The symbol for Remark Holdings, Inc. is MARK and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Remark Holdings, Inc. Stock?
Remark Holdings, Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Remark Holdings, Inc. Stock?
Remark Holdings, 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 Remark Holdings, Inc. Stock.

What's the current price of Remark Holdings, Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Remark Holdings, Inc. (MARK) share was $0.210.

What is the 52-week high and low for Remark Holdings, Inc. Stock?
The 52-week high for Remark Holdings, Inc. Stock is $1.83 and the 52-week low is $0.141.

What is the market capitalization of Remark Holdings, Inc. Stock?
As of the 2024-03-28, the market capitalization of Remark Holdings, Inc. is 7.624M.

When is the next earnings date for Remark Holdings, Inc.?
The upcoming earnings date for Remark Holdings, Inc. is Apr 15, 2024.
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About Remark Holdings, Inc.

Remark Holdings. Remark Holdings, Inc. primarily focuses on the development and deployment of artificial intelligence-based solutions for businesses and software developers. It operates a data and AI software platform under the Remark AI name in the United States and the KanKan AI name in the Asia Pacific region that offers AI-based computer vision products, computing devices, and software-as-a-service solutions for the retail, urban life cycle, workplace and foo... MARK Profile

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