What is sisi future
6/29/2024 07:38am
**Shineco, Inc. (SISI) appears to have a challenging future ahead.** Here's a detailed analysis based on the available information:
1. **Short-Term Forecast**: The Shineco, Inc. stock price prediction for next week is $2.32, which would represent a significant drop of -31.53% from the current price. This suggests that the short-term outlook for SISI is bearish.
|Ticker|Name|Interval Percentage Change|Date|code|market_code|
|---|---|---|---|---|---|
|SISI.O|Shineco|-11.504424778761065|20240621-20240627|SISI|186|
2. **Technical Indicators**: The Fear & Greed Index is showing 39 (Fear), indicating a negative sentiment among investors. The stock has also recorded 15/30 (50%) green days with 6.13% price volatility over the last 30 days. This mixed set of indicators suggests that while there is fear among investors, the stock has also shown some resilience in the short term.
3. **Long-Term Forecast**: The long-term outlook for SISI is not promising. The stock forecast for 2025 is $0.509575, which would represent a substantial drop of -33.82% from the current price. The forecast for subsequent years is even more pessimistic, with expected declines of -56.20%, -71.02%, -80.82%, -87.31%, and -91.60% from the current price.
|Ticker|Name|Interval Percentage Change|Date|code|market_code|
|---|---|---|---|---|---|
|SISI.O|Shineco|-33.842239185750635|20230629-20240628|SISI|186|
4. **Recent Performance**: The stock has experienced a recent decline of -3.62% on the last day, with a day high of $0.84 and a day low of $0.760. This volatility could be indicative of ongoing market uncertainty and potential further declines.
5. **Market Sentiment**: Given the current short-term trend, the stock is expected to fall -30.00% during the next 3 months. This sentiment is reinforced by the sell signal from the short-term Moving Average and the buy signal from the long-term average.
6. **Company News**: There have been recent updates on non-compliance with Nasdaq's minimum bid price requirement, which could be a red flag for the company's financial health and market standing.
7. **Insider Activity**: There have been no recent updates on insider activity, which could be a neutral factor in the stock's future performance.
In conclusion, the future of Shineco, Inc. appears to be uncertain, with a high degree of volatility and potential for further decline in the stock price. Investors should exercise caution and consider these factors when making investment decisions regarding SISI.