- Market Sentiment: The Fear & Greed Index is at 39 (Fear), indicating a prevailing fear sentiment among investors2. The recent trading volume has increased along with the price, which is a positive sign for the stock's future performance.
- 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 $0.1223. This suggests that the current short-term trend is expected to continue.
- Earnings and Valuation: The company's earnings have been volatile, with a recent report showing a significant decline in revenue and net income4. Wall Street analysts have also indicated that the stock is currently overvalued4.
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%3, 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.