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 NDRA
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Volatile ride for ENDRA Life Sciences Inc. stock price on Wednesday moving between $0.80 and $0.99
(Updated on Mar 27, 2024)

Sell candidate since Mar 15, 2024 Loss -17.97% PDF

The ENDRA Life Sciences Inc. stock price fell by -15.74% on the last day (Wednesday, 27th Mar 2024) from $0.97 to $0.82. During the last trading day the stock fluctuated 23.60% from a day low at $0.80 to a day high of $0.99. The price has fallen in 8 of the last 10 days and is down by -23.34% for this period. Volume has increased on the last day by 151 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 320 thousand shares were bought and sold for approximately $262.78 thousand.

The stock 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 -29.91% during the next 3 months and, with a 90% probability hold a price between $0.462 and $0.758 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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NDRA Signals & Forecast

There are few to no technical positive signals at the moment. The ENDRA Life Sciences 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 $0.95 and $1.09. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 04, 2024, and so far it has fallen -32.21%. 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). ENDRA Life Sciences Inc. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for ENDRA Life Sciences Inc. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move much during the 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 $0.189 between high and low, or 23.60%. For the last week, the stock has had daily average volatility of 13.76%.

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

Trading Expectations (NDRA) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect ENDRA Life Sciences Inc. to open at $0.87, and during the day (based on 14 day Average True Range), to move between $0.718 and $0.92, which gives a possible trading interval of +/-$0.103 (+/-12.52%) up or down from last closing price. If ENDRA Life Sciences Inc. takes out the full calculated possible swing range there will be an estimated 25.04% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.94, some $0.120 (14.57%) from the current price of $0.82, our system finds the risk reward not very attractive.

Is ENDRA Life Sciences Inc. stock A Buy?

ENDRA Life Sciences 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

Current score: -8.280 Strong Sell Candidate Downgraded

Predicted Opening Price for ENDRA Life Sciences Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$0.87 ( 6.11%) $0.82

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

Trading levels for NDRA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.06 29.15 %
R2 0.99 20.35 %
R1 0.94 14.91 %
Current price: 0.82
Support S1 0.798 -2.69 %
S2 0.754 -8.13 %
S3 0.681 -16.93 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.00 21.91 %
R2 0.97 18.68 %
R1 0.94 14.57 %
Current price 0.82
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for ENDRA Life Sciences Inc. Stock and on which exchange is it traded?
The symbol for ENDRA Life Sciences Inc. is NDRA and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell ENDRA Life Sciences Inc. Stock?
ENDRA Life Sciences 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

How to buy ENDRA Life Sciences Inc. Stock?
ENDRA Life Sciences 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 ENDRA Life Sciences Inc. Stock.

What's the current price of ENDRA Life Sciences Inc. Stock?
As of the end of day on the 2024-03-27, the price of an ENDRA Life Sciences Inc. (NDRA) share was $0.82.

What is the 52-week high and low for ENDRA Life Sciences Inc. Stock?
The 52-week high for ENDRA Life Sciences Inc. Stock is $2.91 and the 52-week low is $0.80.

What is the market capitalization of ENDRA Life Sciences Inc. Stock?
As of the 2024-03-27, the market capitalization of ENDRA Life Sciences Inc. is 10.743M.

When is the next earnings date for ENDRA Life Sciences Inc.?
The upcoming earnings date for ENDRA Life Sciences Inc. is Mar 28, 2024.
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About ENDRA Life Sciences Inc.


ENDRA Life Sciences. ENDRA Life Sciences Inc. develops technology for improving the capabilities of clinical diagnostic ultrasound. The company develops thermo-acoustic enhanced ultrasound technology that transmits sound waves, which bounce off tissues, organs, and blood in the body for use in the treatment of nonalcoholic fatty liver disease, as well as in temperature monitoring of thermoablative surgery, vascular imaging, and tissue perfusion. It also offers diagno... NDRA Profile

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