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 NEPH
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Green day on Wednesday for Nephros Inc
(Updated on Mar 27, 2024)

Sell candidate since Feb 26, 2024 Loss -34.30% PDF

The Nephros Inc stock price gained 2.71% on the last trading day (Wednesday, 27th Mar 2024), rising from $2.21 to $2.27. During the last trading day the stock fluctuated 0% from a day low at $2.27 to a day high of $2.27. The price has risen in 6 of the last 10 days and is up by 0.44% over the past 2 weeks. Volume fell on the last day by -4 thousand shares and in total, 226 shares were bought and sold for approximately $513.02 . 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 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 -31.30% during the next 3 months and, with a 90% probability hold a price between $1.34 and $2.18 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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NEPH Signals & Forecast

There are mixed signals in the stock today. The Nephros Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $2.93. On a fall, the stock will find some support from the short-term average at $2.23. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. 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 not be. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 7.58%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss for Nephros Inc stock

Nephros Inc finds support from accumulated volume at $2.17 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 between high and low, or 0%. For the last week the stock has had daily average volatility of 6.86%.

Nephros Inc is oversold on RSI14 (24). 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 negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Thursday, 28th we expect Nephros Inc to open at $2.27, and during the day (based on 14 day Average True Range), to move between $2.08 and $2.46, which gives a possible trading interval of +/-$0.189 (+/-8.34%) up or down from last closing price. If Nephros Inc takes out the full calculated possible swing range there will be an estimated 16.69% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $2.32 (2.20%) than the support at $2.17 (4.41%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Nephros Inc stock A Buy?

Nephros Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -3.677 Sell Candidate Unchanged

Predicted Opening Price for Nephros Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$2.27 ( 0%) $2.27

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

Trading levels for NEPH

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.27 .
R2 2.27 .
R1 2.27 .
Current price: 2.27
Support S1 2.27 .
S2 2.27 .
S3 2.27 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.70 18.94 %
R2 2.44 7.49 %
R1 2.32 2.20 %
Current price 2.27
Support S1 2.17 -4.41%
S2 2.16 -4.85%
S3 2.11 -7.05%

FAQ

What is the symbol for Nephros Inc Stock and on which exchange is it traded?
The symbol for Nephros Inc is NEPH and it is traded on the OTCBB (OTC Bulletin Board).

Should I buy or sell Nephros Inc Stock?
Nephros Inc holds several negative signals and we believe that 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 Nephros Inc Stock?
Nephros 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 Nephros Inc Stock.

What's the current price of Nephros Inc Stock?
As of the end of day on the 2024-03-27, the price of an Nephros Inc (NEPH) share was $2.27.

What is the 52-week high and low for Nephros Inc Stock?
The 52-week high for Nephros Inc Stock is $4.04 and the 52-week low is $1.03.

What is the market capitalization of Nephros Inc Stock?
As of the 2024-03-27, the market capitalization of Nephros Inc is 23.934M.

When is the next earnings date for Nephros Inc ?
The upcoming earnings date for Nephros Inc is May 08, 2024.
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About Nephros Inc

Nephros Nephros, Inc. develops and sells high performance water solutions to the medical and commercial markets in the United States. The company operates in three segments: Water Filtration, Pathogen Detection, and Renal Products. It offers ultrafiltration products that are used in dialysis centers for the removal of biological contaminants from water and bicarbonate concentrate; and in hospitals for the prevention of infection from waterborne pathogens... NEPH Profile

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