Yield10 Bioscience Inc Forecast and Stock Analysis
Technical YTEN stock analysis for March 25, 2019.
Yield10 Bioscience Inc fell by -2.10% in the last day from $1.24 to $1.21 The price has fallen in 6 of the last 10 days and is down by -4.72% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -5 936 shares and in total 92 840 shares bought and sold for approximately $112 336.00.
Close price at the end of the last trading day (Monday, 25th Mar 2019) of the YTEN stock was $1.21. This is 2.1% less than the trading day before Friday, 22nd Mar 2019.
During day the stock fluctuated 6.67% from a day low at $1.20 to a day high of $1.28.
30 day high of the YTEN stock price was $1.77 and low was $1.08.
90 day high was $1.77 and low was $0.73.
52 week high for the Yield10 Bioscience Inc - $2.32 and low - $0.68.
Yield10 Bioscience Inc lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 32.92% during the next 3 months and, with 90% probability hold a price between $1.48 and $2.00 at the end of this period.
Yield10 Bioscience Inc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $1.22. On a fall, the stock will find some support from the long-term average at approximately $1.17. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales 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 Friday March 22, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Relative Strength Index (RSI)
RSI14 is 49 and the stock is currently not being overbought or oversold
Support & Resistance
Yield10 Bioscience Inc finds support from accumulated volume at $1.17.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.08 between high and low, or 6.67%. For the last week the stock has had a daily average volatility of 8.38%.
Our recommended stoploss: $1.14 (-5.60%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 1 days ago.)
Very Low Low Medium High Very High
Yield10 Bioscience Inc holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.