Thursday May 23, 2019 Change 3.76% Price $0.30
Chart period: 2019-02-25 - 2019-05-23
VOLUME
Buy
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Social Sentiment for NBY

Today's data is from 1 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.91

Will NBY stock price go up or down on Fri, 24 May 2019?

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NovaBay Pharmaceuticals, Inc Forecast and Stock Analysis

Technical NBY stock analysis for Thursday May 23, 2019.

Sell candidate since 2019-04-25 Loss -69.57%
Shorts 1.88% ( 2019-04-15 )
Insider % n/a
Institutional % 1.20%
Beta 1.27
ROA -76.95%
Price to book USD 4.83
P/E Ratio -0.59
Next Earnings Date 2019-08-07


NovaBay Pharmaceuticals, Inc gained 3.76% in the last trading day ( Thursday, 23rd May 2019 ), rising from $0.29 to $0.30 During day the stock fluctuated 48.15% from a day low at $0.27 to a day high of $0.40. The price has fallen in 8 of the last 10 days and is down by -47.68% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 1.20 million more shares were traded than the day before. In total, 1.67 million shares bought and sold for approximately $498 630.00.

Quick summary:

  • 30 day high of the NBY stock price was $1.22 and low was $0.23.
  • 90 day high was $1.75 and low was $0.23.
  • 52 week high for the NovaBay Pharmaceuticals, Inc - $3.75 and low - $0.23.

Trend

NovaBay Pharmaceuticals, Inc lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -61.80% during the next 3 months and, with 90% probability hold a price between $0.06 and $0.26 at the end of this period.

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Signals

A buy signal was issued from a pivot bottom point on Wednesday May 22, 2019, which indicates further gains until a new top pivot has been found. NovaBay Pharmaceuticals, 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. NovaBay Pharmaceuticals, 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 $0.37 and $0.82. A break-up above any of these levels will issue buy signals.

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Relative Strength Index (RSI)

RSI14 is 30 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

NovaBay Pharmaceuticals, Inc finds support from accumulated volume at $0.29.

Support: $0.29 Price: $0.30 Resistance: $0.33

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 $0.13 between high and low, or 48.15%. For the last week, the stock has had a daily average volatility of 26.34%.

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

26.34 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

NovaBay Pharmaceuticals, 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. We have upgraded our recommendation for this stock since last evaluation from a Strong Sell Candidate to a Sell Candidate.

Sell Candidate Upgraded
Stronger Sell Today NBY ranks #3896 as SELL CANDIDATE #3896 Weaker Sell
NBY $0.30 ($0.01 3.76%)
NBY is up $0.01 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for NBY based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

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Will NBY stock price go up or down
on Fri, 24 May 2019?

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