Stock Price Prediction

CJJD stock has seen significant declines, trading near $2.29, far from its 52-week high of $24.60. Bulls might argue that the stock's RSI of 38.72 suggests it is nearing oversold territory, potentially setting up for a rebound. However, with recent dilution from a $1.53 million offering at $1.70 per share, any recovery may be limited without strong catalysts.

CJJD stock is bearish due to its sharp decline of 87.15% over the past year and a recent 24% drop following a $1.53 million direct offering at $1.70 per share. The stock is trading near its 52-week low of $1.95, reflecting weak investor confidence and dilution concerns. Additionally, the RSI of 38.72 indicates neutral to slightly oversold conditions, suggesting limited immediate upside potential.