High volatility in DarkPulse, Inc. stock price on Tuesday which ended trading at $0.0705

The DarkPulse, Inc. stock price gained 0.57% on the last trading day (Tuesday, 22nd Jun 2021), rising from $0.0701 to $0.0705. , and has now gained 5 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 20.18% from a day low at $0.0664 to a day high of $0.0798. The price has risen in 9 of the last 10 days and is up by 219% over the past 2 weeks. Volume fell on the last day by -127 million shares and in total, 119 million shares were bought and sold for approximately $8.41 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 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 $0.0717 will firstly indicate a stronger rate of rising.Given the current short-term trend, the stock is expected to rise 99.34% during the next 3 months and, with a 90% probability hold a price between $0.0631 and $0.14 at the end of this 3-month period.

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 $0.0617 and $0.0294. 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 48.73%. 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 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 $0.0701 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 $0.0134 between high and low, or 20.18%. For the last week, the stock has had a daily average volatility of 50.43%.

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.Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.