PRPO Forecast and Technical Stock Analysis
Sell candidate since 2019-12-04 Loss -8.69% PDF
Precipio, Inc. fell by -2.75% in the last day ( Tuesday, 10th Dec 2019 ) from $2.00 to $1.95 and has now fallen 6 days in a row. During the day the stock fluctuated 6.38% from a day low at $1.88 to a day high of $2.00. The price has fallen in 7 of the last 10 days and is down by -5.58% for this period. Volume has increased in the last day by 18 307 shares but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 98 413 shares bought and sold for approximately $191 413.00.
- 30 day high of the PRPO stock price was $2.65 and low was $1.88.
- 90 day high was $3.93 and low was $1.88.
- 52 week high for Precipio, Inc. - $10.80 and low - $0.11.
Precipio, Inc. lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. A break down the bottom trend line at $1.73 will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -15.77% during the next 3 months and, with 90% probability hold a price between $1.46 and $2.39 at the end of this period.
There are few to none technical positive signals at the moment. Precipio, 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 $2.06 and $2.24. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday December 03, 2019, which indicates further falls until a new bottom pivot has been found. Precipio, 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".
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 80 ]
RSI14 is 42 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
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 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 6.38%. For the last week, the stock has had a daily average volatility of 6.02%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
6.02 %Average volatility
Very Low Low Medium High Very High
Precipio, 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 analysis conclusion for this stock since last evaluation from a Strong Sell Candidate to a Sell Candidate candidate.
|PRPO $1.95 ($-0.06 -2.75%)|
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
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