Big movements in China Liberal Education Holdings Limited stock price on Friday moving 50.30% between high and low
The China Liberal Education Holdings Limited stock price gained 34.95% on the last trading day (Friday, 31st Jan 2025), rising from $0.148 to $0.200. During the last trading day the stock fluctuated 50.30% from a day low at $0.152 to a day high of $0.228. The price has risen in 8 of the last 10 days but is still down by -96% for this period. Volume fell on the last day by -59 million shares and in total, 231 million shares were bought and sold for approximately $46.13 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.180 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift.Given the current short-term trend, the stock is expected to rise 32.19% during the next 3 months and, with a 90% probability hold a price between $0.238 and $10.46 at the end of this 3-month period.
A buy signal was issued from a pivot bottom point on Thursday, January 30, 2025, and so far it has risen 34.95%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The China Liberal Education Holdings Limited stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $5.31 and $3.98. A break-up above any of these levels will issue buy signals.
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0763 between high and low, or 50.30%. For the last week, the stock has had daily average volatility of 152.50%.
The China Liberal Education Holdings Limited stock holds several negative signals and despite the positive trend, we believe China Liberal Education Holdings Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Check full China Liberal Education Holdings Limited forecast and analysis here.
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