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Today PRPO ranks # as BUY CANDIDATE.
Today PRPO ranks # as BUY CANDIDATE.

PRPO stock Precipio, Inc.

PRPO stock
Precipio, Inc.

April 18, 2019
Change 15.85%
Chart period: 2019-01-22 - 2019-04-18
USER PREDICTION
$0.47
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Social Sentiment for PRPO

Today's data is from 2364 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
79%
21%
Weighted Sentiment 0.10

Will PRPO stock price go up or down on Tue, 23 Apr 2019?

Precipio, Inc. Forecast and Stock Analysis

Technical PRPO stock analysis for April 18, 2019.

Buy candidate since 2019-04-11 Gain 79.25%
Shorts n/a
Cash n/a
Loans n/a
Beta 1.95
ROA -88.95

Precipio, Inc. gained 15.85% in the last trading day, rising from $0.41 to $0.48 The price has risen in 7 of the last 10 days and is up by 275.49% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 10.10 million more shares were traded than the day before. In total, 50.20 million shares bought and sold for approximately $23.85 million.

Close price at the end of the last trading day (Thursday, 18th Apr 2019) of the PRPO stock was $0.48. This is 15.85% more than the trading day before Wednesday, 17th Apr 2019.

During day the stock fluctuated 26.74% from a day low at $0.43 to a day high of $0.55.

30 day high of the PRPO stock price was $0.62 and low was $0.11.
90 day high was $0.62 and low was $0.11.
52 week high for the Precipio, Inc. - $0.68 and low - $0.11.

Trend

Precipio, Inc. lies in the upper part of a very wide and strong rising trend in the short term, and this will 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 $0.48 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 23.72% during the next 3 months and, with 90% probability hold a price between $0.18 and $0.60 at the end of this period.

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Signals

Precipio, Inc. holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $0.37 and $0.20. A break down below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday April 16, 2019, which indicates further falls until a new bottom pivot has been found.

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Relative Strength Index (RSI)

The stock holds a RSI14 at 78 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $0.41 and $0.40.

With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.00 may give a huge drop in the stock price.

Support: $0.41 Price: $0.48 Resistance: $0.48

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 $0.12 between high and low, or 26.74%. For the last week, the stock has had a daily average volatility of 31.94%.

The stock is overbought on RSI14 and lies in the upper part of the trend. Normally this will pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stoploss: $0.46 (-3.82%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 78 and this increases the risk substantially. There is a sell signal from pivot top found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Today PRPO ranks # as BUY CANDIDATE.
Today PRPO ranks # as BUY CANDIDATE.