Big movements in MicroAlgo Inc. stock price on Tuesday moving 42.22% between high and low

The MicroAlgo Inc. stock price gained 4.20% on the last trading day (Tuesday, 17th Jun 2025), rising from $0.633 to $0.660. During the last trading day the stock fluctuated 42.22% from a day low at $0.563 to a day high of $0.80. The price has fallen in 6 of the last 10 days and is down by -48.44% for this period. Volume fell on the last day by -4 million shares and in total, 85 million shares were bought and sold for approximately $55.87 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 middle of a very wide and falling trend in the short term and further fall within the trend is signaled.Due to the high volatility and the trend direction we are not able to give forecast range for this stock.

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 MicroAlgo Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.94 and $2.10. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 31, 2025, and so far it has fallen -97.28%. Further fall is indicated until a new bottom pivot has been found.

MicroAlgo Inc. finds support from accumulated volume at $0.633 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 $0.238 between high and low, or 42.22%. For the last week, the stock has had daily average volatility of 22.51%.

MicroAlgo Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.