Big movements in DarkPulse, Inc. stock price on Monday moving 21.17% between high and low

No changes to the price of DarkPulse, Inc. stock on the last trading day (Monday, 2nd Aug 2021). During the day the stock fluctuated 21.17% from a day low at $0.0900 to a day high of $0.11. The price has risen in 6 of the last 10 days, but is still down by -14.77% for this period.

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 $0.0807 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 185.66% during the next 3 months and, with a 90% probability hold a price between $0.23 and $0.60 at the end of this 3-month period.

There are few to no technical positive signals at the moment. The DarkPulse, Inc. stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term moving average at $0.10. On a fall, the stock will find some support from the short-term average at $0.0948. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Friday, July 09, 2021, and so far it has fallen -42.25%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 months Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.

DarkPulse, Inc. finds support from accumulated volume at $0.0978 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $0.0191 between high and low, or 21.17%. For the last week, the stock has had a daily average volatility of 26.00%.

The DarkPulse, Inc. stock holds several negative signals and despite the positive trend, we believe DarkPulse, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.