Threshold Pharmaceuticals Fund Forecast

High volatility in Threshold Pharmaceuticals fund price on Friday which ended trading at $0.540
(Updated on Aug 25, 2017)

THLD Signals & Forecast

The Threshold Pharmaceuticals fund holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, 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 $0.540 and $0.515. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, August 24, 2017, and so far it has fallen 0%. 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 fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point".

Support, Risk & Stop-loss for Threshold Pharmaceuticals fund

On the downside, the fund finds support just below today's level from accumulated volume at $0.494 and $0.491. There is a natural risk involved when a fund is testing a support level, since if this is broken, the fund then may fall to the next support level. In this case, Threshold Pharmaceuticals finds support just below today's level at $0.494. If this is broken, then the next support from accumulated volume will be at $0.491 and $0.444.

In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0.0800 between high and low, or 17.02%. For the last week the fund has had daily average volatility of 17.02%

Our recommended stop-loss: $0.517 (-4.30%) (This fund has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (THLD) For The Upcoming Trading Day Of Monday 28th

For the upcoming trading day on Monday, 28th we expect Threshold Pharmaceuticals to open at $0.520, and during the day (based on 14 day Average True Range), to move between $0.469 and $0.611, which gives a possible trading interval of +/-$0.0707 (+/-13.10%) up or down from last closing price. If Threshold Pharmaceuticals takes out the full calculated possible swing range there will be an estimated 26.20% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $0.494, some $0.0460 (8.52%) from the current price of $0.540, our system finds the risk reward attractive.

Is Threshold Pharmaceuticals fund A Buy?

Threshold Pharmaceuticals holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.620 Hold/Accumulate Unchanged

Predicted Opening Price for Threshold Pharmaceuticals of Monday, August 28, 2017

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