High volatility in DarkPulse, Inc. stock price on Thursday which ended trading at $0.14

The DarkPulse, Inc. stock price gained 24.68% on the last trading day (Thursday, 12th Aug 2021), rising from $0.11 to $0.14. , 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 23.73% from a day low at $0.11 to a day high of $0.14. The price has risen in 5 of the last 10 days and is up by 44.73% 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, 27 million more shares were traded than the day before. In total, 84 million shares were bought and sold for approximately $11.46 million.

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 119.96% during the next 3 months and, with a 90% probability hold a price between $0.18 and $0.49 at the end of this 3-month period.

The DarkPulse, Inc. stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $0.0967 and $0.11. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, July 09, 2021, and so far it has fallen -22.30%. 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).

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 $0.0261 between high and low, or 23.73%. For the last week, the stock has had a daily average volatility of 14.67%.

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for DarkPulse, Inc. stock to perform well in the short-term.