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 REPL
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Weaker technical forecast for Replimune Group Inc. as stock downgraded to Sell Candidate.
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The Replimune Group Inc. stock price fell by -0.97% on the last day (Thursday, 28th Mar 2024) from $8.25 to $8.17. During the last trading day the stock fluctuated 5.22% from a day low at $8.04 to a day high of $8.46. The price has fallen in 7 of the last 10 days and is down by -7.58% for this period. Volume has increased on the last day by 53 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, 1 million shares were bought and sold for approximately $8.53 million.

The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Replimune Group Inc. stock with a 90% probability to be traded between $7.07 and $9.23 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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REPL Signals & Forecast

There are few to no technical positive signals at the moment. The Replimune Group 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 $8.27. On a fall, the stock will find some support from the short-term average at $8.10. 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. A sell signal was issued from a pivot top point on Friday, March 08, 2024, and so far it has fallen -9.52%. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Replimune Group Inc. stock

Replimune Group Inc. finds support from accumulated volume at $7.89 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.420 between high and low, or 5.22%. For the last week, the stock has had daily average volatility of 6.94%.

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

Trading Expectations (REPL) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Replimune Group Inc. to open at $8.22, and during the day (based on 14 day Average True Range), to move between $7.69 and $8.65, which gives a possible trading interval of +/-$0.483 (+/-5.91%) up or down from last closing price. If Replimune Group Inc. takes out the full calculated possible swing range there will be an estimated 11.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $7.89 (3.43%) than the resistance at $8.53 (4.41%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Replimune Group Inc. stock A Buy?

Replimune Group 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 Hold/Accumulate to a Sell candidate.

Current score: -3.635 Sell Candidate Downgraded

Predicted Opening Price for Replimune Group Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$8.22 ( 0.653%) $8.17

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

Trading levels for REPL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 8.64 5.79 %
R2 8.48 3.83 %
R1 8.38 2.62 %
Current price: 8.17
Support S1 8.06 -1.31 %
S2 7.96 -2.52 %
S3 7.80 -4.49 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 9.31 13.95 %
R2 9.16 12.12 %
R1 8.53 4.41 %
Current price 8.17
Support S1 7.89 -3.43%
S2 7.66 -6.24%
S3 7.65 -6.36%

FAQ

What is the symbol for Replimune Group Inc. Stock and on which exchange is it traded?
The symbol for Replimune Group Inc. is REPL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Replimune Group Inc. Stock?
Replimune Group 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 Hold/Accumulate to a Sell candidate.

How to buy Replimune Group Inc. Stock?
Replimune Group 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 Replimune Group Inc. Stock.

What's the current price of Replimune Group Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Replimune Group Inc. (REPL) share was $8.17.

What is the 52-week high and low for Replimune Group Inc. Stock?
The 52-week high for Replimune Group Inc. Stock is $24.81 and the 52-week low is $5.90.

What is the market capitalization of Replimune Group Inc. Stock?
As of the 2024-03-28, the market capitalization of Replimune Group Inc. is 501.538M.

When is the next earnings date for Replimune Group Inc.?
The upcoming earnings date for Replimune Group Inc. is May 16, 2024.
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About Replimune Group Inc.

Replimune Group. Replimune Group, Inc., a biotechnology company, develops oncolytic immuno-gene therapies to treat cancer. It uses its proprietary Immunotherapy platform to design and develop product candidates that are intended to activate the immune system against cancer. The company's lead product candidate is RP1, a selectively replicating version of herpes simplex virus 1, which is in Phase I/II clinical trials for a range of solid tumors; and that is in Pha... REPL Profile

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