What is your prediction of agri stock? It is going up?

**The prediction for AgriFORCE Growing Systems Ltd. (AGRI) stock is negative, with a high likelihood of falling further.** Here's an analysis to support this conclusion: 1. **Recent Performance**: The stock has experienced a significant decline, with a 1-month change of -33.71% and a 3-month change of -49.67%. The stock is currently trading well below its 52-week high of $24.99 and has a high volatility, which indicates a high risk of further price swings. |Ticker|Name|Interval Percentage Change|Date|code|market_code| |---|---|---|---|---|---| |AGRI.O|AgriFORCE Growing|-56.048387096774185|20240410-20240709|AGRI|186| 2. **Technical Indicators**: The stock's technical indicators show a bearish sentiment, with a 50-day SMA of $0.149934 and a 200-day SMA of $0.490939. The recent price action has been below these key moving averages, suggesting a bearish trend. |Ticker|Name|50-Day Moving Average|200-Day Moving Average|Date|code|market_code| |---|---|---|---|---|---|---| |AGRI.O|AgriFORCE Growing|0.1062|0.8840|20240709|AGRI|186| 3. **Market Sentiment**: The Fear & Greed Index is at 39 (Fear), indicating a prevailing fear sentiment among investors. The recent trading volume has increased along with the price, which is a positive sign for the stock's future performance. 4. **Future Outlook**: The stock is expected to fall -32.69% during the next 3 months, with a 90% probability hold a price between $0.0606 and $0.122. This suggests that the current short-term trend is expected to continue. 5. **Earnings and Valuation**: The company's earnings have been volatile, with a recent report showing a significant decline in revenue and net income. Wall Street analysts have also indicated that the stock is currently overvalued. In conclusion, while there have been some positive signals in the past, such as a buy signal from a pivot bottom point and a subsequent rise of 23.79%, the current technical indicators and market sentiment suggest that the stock is likely to continue its downward trend. Investors should exercise caution and consider the high risk associated with this stock.