Bullish vs. Bearish (14 opinions)
Social Sentiment 0.06
NAKD Stock Forecast and Technical Analysis
Sell candidate since 2019-12-30 Loss -67.72% PDF
Naked Brand Group Inc. gained 6.01% in the last trading day ( Friday, 21st Feb 2020 ), rising from $0.48 to $0.51 During the day the stock fluctuated 9.92% from a day low at $0.48 to a day high of $0.53. The price has fallen in 8 of the last 10 days and is down by -22.1% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 93 381 more shares were traded than the day before. In total, 284 132 shares bought and sold for approximately $144 907.00.
NAKD Stock Price Summary
- 30 day high of the NAKD stock price was $1.15 and low was $0.42.
- 90 day high was $4.00 and low was $0.42.
- 52 week high for Naked Brand Group Inc. - $57.75 and low - $0.42.
Naked Brand Group Inc. lies the upper part of a very wide and falling 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 $0.53 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 -85.73% during the next 3 months and, with 90% probability hold a price between $-0.06 and $0.08 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday February 20, 2020, which indicates further gains until a new top pivot has been found. Naked Brand Group Inc. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. Naked Brand Group Inc. holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 $0.55 and $1.01. A break-up above any of these levels will issue buy signals.
NAKD Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
The stock currently holds a RSI14 at 20 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
NAKD Support & Resistance
Naked Brand Group Inc. finds support from accumulated volume at $0.50.
NAKD Stock 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 $0.05 between high and low, or 9.92%. For the last week, the stock has had a daily average volatility of 15.18%.
Naked Brand Group Inc. is oversold on RSI14 (20). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
15.18 %Average volatility
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NAKD Stock Evaluation
Naked Brand Group 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.
Golden Star Signal
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Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.