How is nwbo rated right now
9/4/2024 05:47am
**NWBO's current rating is negative.** Here's the analysis to support this conclusion:
1. **Technical Indicators**:
- The Relative Strength Index (RSI) is below 30, indicating that the stock is oversold. This suggests a lack of buying momentum and a potential for a price rebound in the near term.
- The stock has fallen for 8 of the last 10 days, and the overall trend is downward, with a predicted further fall of -30.61% over the next 3 months.
- There are both buy and sell signals present, with a buy signal from the pivot bottom and MACD, but negative signals from the short and long-term moving averages. This mixed signal environment typically leads to volatility and can be interpreted as a negative overall rating.
2. **Recent Performance**:
- The stock has experienced a loss of -8.85% and a year-to-date change of -55.79%, indicating a strong bearish trend.
- The trading interval for the upcoming day is expected to be between $0.283 and $0.337, with a possible move of +/- 8.78% up or down from the last closing price. This narrow range suggests a lack of confidence in the stock's short-term direction.
3. **Market Sentiment**:
- The sentiment around NWBO is negative, with a Sell Candidate rating since August 26, 2024.
- There is a general sell signal from the relation between the short and long-term moving averages, which can be a bearish indicator.
In conclusion, the combination of oversold conditions, recent negative performance, mixed technical signals, and negative market sentiment all point to NWBO being currently rated as a negative investment opportunity.