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High volatility in DarkPulse, Inc. stock price on Monday which ended trading at $0.0701

StockInvest.us, 2 months ago


The DarkPulse, Inc. stock price gained 1.62% on the last trading day (Monday, 21st Jun 2021), rising from $0.0690 to $0.0701. , 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 37.27% from a day low at $0.0601 to a day high of $0.0825. The price has risen in 9 of the last 10 days and is up by 270.9% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 78 million more shares were traded than the day before. In total, 246 million shares were bought and sold for approximately $17.24 million.

The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $0.0709 will firstly indicate a stronger rate of rising.Given the current short-term trend, the stock is expected to rise 83.16% during the next 3 months and, with a 90% probability hold a price between $0.0495 and $0.13 at the end of this 3-month period.

DarkPulse, Inc.

Mostly positive signals in the chart today. The DarkPulse, Inc. stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.0567 and $0.0281. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 16, 2021, and so far it has risen 47.89%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 months Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

DarkPulse, Inc. finds support from accumulated volume at $0.0690 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 $0.0224 between high and low, or 37.27%. For the last week, the stock has had a daily average volatility of 54.68%.

DarkPulse, Inc. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Check full DarkPulse, Inc. forecast and analysis here.