Bullish vs. Bearish (73 opinions)
Social Sentiment 0.18
NSPR Forecast and Technical Stock Analysis
Hold candidate since 2019-08-20
InspireMD Inc gained 13.66% in the last trading day ( Tuesday, 20th Aug 2019 ), rising from $2.27 to $2.58 , and has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 18.50% from a day low at $2.27 to a day high of $2.69. The price has been going up and down for this period, and there has been a 11.21% gain for the last 2 weeks. Volume fell in the last day by -78 575 shares and in total, 54 697 shares bought and sold for approximately $141 118.00. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the NSPR stock price was $3.33 and low was $1.90.
- 90 day high was $4.12 and low was $1.90.
- 52 week high for InspireMD Inc - $8.43 and low - $0.13.
InspireMD 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 -28.86% during the next 3 months and, with 90% probability hold a price between $1.38 and $2.16 at the end of this period.
A buy signal was issued from a pivot bottom point on Wednesday August 14, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. InspireMD Inc holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in 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 sales signal and strengthen the general signal. 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 80 ]
RSI14 is 32 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $2.32 and $2.27.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, InspireMD Inc finds support just below today's level at $2.32. If this is broken, then the next support from accumulated volume will be at $2.27 and $2.15.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.42 between high and low, or 18.50%. For the last week the stock has had a daily average volatility of 17.38%.
Our recommended stop-loss: $2.42 (-6.03%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 4 days ago.)
17.38 %Average volatility
Very Low Low Medium High Very High
InspireMD Inc holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level, we recommend to hold or accumulate in this position whilst awaiting further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.
The general sentiment holds a neutral evaluation of the stock right now. The sentiment is based upon 73 votes on StockTwits.
|NSPR $2.58 ($0.31 13.66%)|
NSPR is up $0.31 today, but where's it headed in 2019?
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