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 SVVC
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Red day on Thursday for Firsthand Technology Value Fund stock after losing 0%
(Updated on Mar 28, 2024)

Hold candidate since Mar 21, 2024 PDF

No changes to the price of Firsthand Technology Value Fund stock on the last trading day (Thursday, 28th Mar 2024). During the last trading day the stock fluctuated 0% from a day low at $0.260 to a day high of $0.260. The price has been going up and down for this period, and there has been a 15.56% gain for the last 2 weeks.

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 -17.89% during the next 3 months and, with a 90% probability hold a price between $0.153 and $0.235 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.

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SVVC Signals & Forecast

The Firsthand Technology Value Fund stock 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 $0.252 and $0.248. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Wednesday, March 27, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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". The very low volume increases the risk and reduces the other technical signals issued.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Monday, March 11, 2024 with a target of $0.240. Despite whether the objective of the signal formation has been reached the stock may continue to perform well.

Support, Risk & Stop-loss for Firsthand Technology Value Fund stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.235 and $0.230. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Firsthand Technology Value Fund finds support just below today's level at $0.235. If this is broken, then the next support from accumulated volume will be at $0.230 and $0.226.

In general the stock 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 stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 2.79%

Our recommended stop-loss: $0.250 (-3.86%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

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

For the upcoming trading day on Monday, 1st we expect Firsthand Technology Value Fund to open at $0.260, and during the day (based on 14 day Average True Range), to move between $0.242 and $0.278, which gives a possible trading interval of +/-$0.0184 (+/-7.07%) up or down from last closing price. If Firsthand Technology Value Fund takes out the full calculated possible swing range there will be an estimated 14.14% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.235 (9.62%) than the resistance at $0.290 (11.54%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Firsthand Technology Value Fund stock A Buy?

Firsthand Technology Value Fund 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: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Firsthand Technology Value Fund of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.260 ( 0%) $0.260

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

Trading levels for SVVC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.260 .
R2 0.260 .
R1 0.260 .
Current price: 0.260
Support S1 0.260 .
S2 0.260 .
S3 0.260 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.311 19.43 %
R2 0.300 15.38 %
R1 0.290 11.54 %
Current price 0.260
Support S1 0.235 -9.62%
S2 0.230 -11.54%
S3 0.226 -13.04%

SVVC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 23, 2018 Dec 12, 2018 Dec 21, 2018 $0.0340 0.345%
2 Nov 25, 2014 Dec 03, 2014 Dec 11, 2014 $2.86 15.51%
3 Oct 20, 2014 Oct 29, 2014 Nov 06, 2014 $3.00 13.41%
4 Dec 03, 2013 Dec 16, 2013 Dec 23, 2013 $0.317 1.35%

FAQ

What is the symbol for Firsthand Technology Value Fund Stock and on which exchange is it traded?
The symbol for Firsthand Technology Value Fund is SVVC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Firsthand Technology Value Fund Stock?
Firsthand Technology Value Fund 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.

How to buy Firsthand Technology Value Fund Stock?
Firsthand Technology Value Fund Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Firsthand Technology Value Fund Stock.

What's the current price of Firsthand Technology Value Fund Stock?
As of the end of day on the 2024-03-28, the price of an Firsthand Technology Value Fund (SVVC) share was $0.260.

What is the 52-week high and low for Firsthand Technology Value Fund Stock?
The 52-week high for Firsthand Technology Value Fund Stock is $1.02 and the 52-week low is $0.165.

What is the market capitalization of Firsthand Technology Value Fund Stock?
As of the 2024-03-28, the market capitalization of Firsthand Technology Value Fund is 1.792M.

When is the next earnings date for Firsthand Technology Value Fund?
The upcoming earnings date for Firsthand Technology Value Fund is Mar 29, 2024.
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About Firsthand Technology Value Fund

Firsthand Technology Value Fund Firsthand Technology Value Fund, Inc. is a business development company specializes in venture capital investments in start-up, early stage, middle stage, late stage, early development stage, and PIPEs. It seeks to invest in pre-IPO companies. The fund also seeks to make investments in companies with operating histories that are unprofitable or marginally profitable, that have negative net worth, or that are involved in bankruptcy or reorganizati... SVVC Profile

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