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 BPTH
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Bio-Path Holdings stock price ended at $4.04 on Wednesday, after gaining 0.498%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 26, 2024 Loss -30.34% PDF

The Bio-Path Holdings stock price gained 0.498% on the last trading day (Wednesday, 27th Mar 2024), rising from $4.02 to $4.04. During the last trading day the stock fluctuated 3.50% from a day low at $4.00 to a day high of $4.14. The price has fallen in 6 of the last 10 days and is down by -25.32% for this period. Volume fell on the last day by -29 thousand shares and in total, 11 thousand shares were bought and sold for approximately $44.03 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock 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 384.18% during the next 3 months and, with a 90% probability hold a price between $13.85 and $38.74 at the end of this 3-month period.

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BPTH Signals & Forecast

A sell signal was issued from a pivot top point on Wednesday, March 06, 2024, and so far it has fallen -37.27%. 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 during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. Some positive signals were issued as well, and these may have some influence on the near short-term development. The Bio-Path Holdings stock holds a sell 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 giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $4.20. On a fall, the stock will find some support from the long-term average at approximately $3.75. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.

Support, Risk & Stop-loss for Bio-Path Holdings stock

Bio-Path Holdings finds support from accumulated volume at $4.02 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 very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.140 between high and low, or 3.50%. For the last week the stock has had daily average volatility of 16.70%.

Bio-Path Holdings is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: $3.80 (-6.04%) (This stock has very high daily movements and this gives very high risk. Low RSI14 is 23 which reduces the risk some. There is a sell signal from a pivot top found 15 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Bio-Path Holdings to open at $4.06, and during the day (based on 14 day Average True Range), to move between $3.33 and $4.75, which gives a possible trading interval of +/-$0.712 (+/-17.62%) up or down from last closing price. If Bio-Path Holdings takes out the full calculated possible swing range there will be an estimated 35.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $4.02 (0.50%) than the resistance at $4.35 (7.67%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Bio-Path Holdings stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 3.633 Buy Candidate Unchanged

Predicted Opening Price for Bio-Path Holdings of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$4.06 ( 0.495%) $4.04

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

Trading levels for BPTH

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.20 3.96 %
R2 4.15 2.64 %
R1 4.11 1.82 %
Current price: 4.04
Support S1 4.01 -0.83 %
S2 3.97 -1.65 %
S3 3.92 -2.97 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4.86 20.30 %
R2 4.56 12.87 %
R1 4.35 7.67 %
Current price 4.04
Support S1 4.02 -0.495%
S2 3.78 -6.43%
S3 0 .

FAQ

What is the symbol for Bio-Path Holdings Stock and on which exchange is it traded?
The symbol for Bio-Path Holdings is BPTH and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Bio-Path Holdings Stock?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

How to buy Bio-Path Holdings Stock?
Bio-Path Holdings Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Bio-Path Holdings Stock.

What's the current price of Bio-Path Holdings Stock?
As of the end of day on the 2024-03-27, the price of an Bio-Path Holdings (BPTH) share was $4.04.

What is the 52-week high and low for Bio-Path Holdings Stock?
The 52-week high for Bio-Path Holdings Stock is $7.50 and the 52-week low is $0.320.

What is the market capitalization of Bio-Path Holdings Stock?
As of the 2024-03-27, the market capitalization of Bio-Path Holdings is 2.729M.

When is the next earnings date for Bio-Path Holdings?
The upcoming earnings date for Bio-Path Holdings is May 10, 2024.
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About Bio-Path Holdings

Bio-Path Holdings Bio-Path Holdings, Inc. operates as a clinical and preclinical stage oncology focused RNAi nano particle drug development company in the United States. The company develops products based on DNAbilize, a drug delivery and antisense technology that uses P-ethoxy, which is a deoxyribonucleic acid (DNA) backbone modification intended to protect the DNA from destruction. Its lead drug candidate is prexigebersen, which is in Phase II clinical trials f... BPTH Profile

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