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 XXII
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

22nd Century Group stock price ended at $0.132 on Wednesday, after gaining 0.0761%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 07, 2024 Loss -6.00% PDF

The 22nd Century Group stock price gained 0.0761% on the last trading day (Wednesday, 27th Mar 2024), rising from $0.131 to $0.132. During the last trading day the stock fluctuated 8.40% from a day low at $0.131 to a day high of $0.142. The price has been going up and down for this period, and there has been a -2.3% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 834 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $263.43 thousand.

The stock 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 -28.95% during the next 3 months and, with a 90% probability hold a price between $0.0815 and $0.112 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

XXII Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 7.79%. Further rise is indicated until a new top pivot has been found. 22nd Century Group has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The 22nd Century Group stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell 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 $0.133 and $0.142. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for 22nd Century Group stock

22nd Century Group finds support from accumulated volume at $0.131 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the 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 $0.0110 between high and low, or 8.40%. For the last week, the stock has had daily average volatility of 8.70%.

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

Trading Expectations (XXII) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect 22nd Century Group Inc to open at $0.135, and during the day (based on 14 day Average True Range), to move between $0.118 and $0.145, which gives a possible trading interval of +/-$0.0137 (+/-10.45%) up or down from last closing price. If 22nd Century Group Inc takes out the full calculated possible swing range there will be an estimated 20.91% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.131 (0.08%) than the resistance at $0.140 (6.39%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is 22nd Century Group Inc stock A Buy?

22nd Century Group 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.

Current score: -1.605 Sell Candidate Unchanged

Predicted Opening Price for 22nd Century Group Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$0.135 ( 2.53%) $0.132

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

Trading levels for XXII

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.146 10.90 %
R2 0.142 7.70 %
R1 0.139 5.73 %
Current price: 0.132
Support S1 0.131 -0.661 %
S2 0.128 -2.63 %
S3 0.124 -5.83 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.155 17.87 %
R2 0.153 16.35 %
R1 0.140 6.39 %
Current price 0.132
Support S1 0.131 -0.0760%
S2 0.129 -1.90%
S3 0.122 -7.22%

FAQ

What is the symbol for 22nd Century Group Stock and on which exchange is it traded?
The symbol for 22nd Century Group is XXII and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell 22nd Century Group Stock?
22nd Century Group 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.

How to buy 22nd Century Group Stock?
22nd Century Group Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy 22nd Century Group Stock.

What's the current price of 22nd Century Group Stock?
As of the end of day on the 2024-03-27, the price of an 22nd Century Group (XXII) share was $0.132.

What is the 52-week high and low for 22nd Century Group Stock?
The 52-week high for 22nd Century Group Stock is $6.89 and the 52-week low is $0.104.

What is the market capitalization of 22nd Century Group Stock?
As of the 2024-03-27, the market capitalization of 22nd Century Group is 5.753M.

When is the next earnings date for 22nd Century Group?
The upcoming earnings date for 22nd Century Group is Mar 28, 2024.
Click to get the best stock tips daily for free!

About 22nd Century Group Inc

22nd Century Group 22nd Century Group, Inc., an agricultural biotechnology company, focuses on tobacco harm reduction, reduced nicotine tobacco, and enhancing health and wellness through plant science for the life science and consumer products industries. It develops very low nicotine content tobacco and cigarette products under the VLN King and VLN Menthol King names; and SPECTRUM research cigarettes for use in independent clinical studies. The company has collabo... XXII Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT