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DarkPulse, Inc. stock price up 2.87% on Thursday

StockInvest.us, 2 years ago

DarkPulse

The DarkPulse, Inc. stock price gained 2.87% on the last trading day (Thursday, 22nd Jul 2021), rising from $0.13 to $0.13. , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 5.08% from a day low at $0.13 to a day high of $0.13. The price has been going up and down for this period, and there has been a -13.29% loss for the last 2 weeks. Volume fell on the last day by -5 million shares and in total, 30 million shares were bought and sold for approximately $3.82 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 strong rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the stock is expected to rise 269.31% during the next 3 months and, with a 90% probability hold a price between $0.34 and $0.72 at the end of this 3-month period.

DarkPulse

A sell signal was issued from a pivot top point on Friday, July 09, 2021, and so far it has fallen -26.13%. 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). Some positive signals were issued as well, and these may have some influence on the near short-term development. The DarkPulse, Inc. stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $0.14. On a fall, the stock will find some support from the long-term average at approximately $0.0873. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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.

DarkPulse, Inc. finds support from accumulated volume at $0.13 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 $0.0064 between high and low, or 5.08%. For the last week, the stock has had a daily average volatility of 17.77%.

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Check full DarkPulse forecast and analysis here.