High volatility in MicroCloud Hologram Inc. stock price on Friday which ended trading at $1.57

The MicroCloud Hologram Inc. stock price gained 31.93% on the last trading day (Friday, 21st Feb 2025), rising from $1.19 to $1.57. During the last trading day the stock fluctuated 35.07% from a day low at $1.34 to a day high of $1.81. The price has fallen in 6 of the last 10 days but is still up by 7.53% 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, 157 million more shares were traded than the day before. In total, 184 million shares were bought and sold for approximately $289.54 million.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.81 is broken, it will firstly indicate a stronger fall rate.Given the current short-term trend, the stock is expected to fall -10.14% during the next 3 months and, with a 90% probability hold a price between $0.725 and $5.40 at the end of this 3-month period.

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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. The MicroCloud Hologram Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $2.00. On a fall, the stock will find some support from the short-term average at $1.30. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Monday, December 30, 2024, and so far it has fallen -75.51%. Further fall is indicated until a new bottom pivot has been found.

On the downside, the stock finds support just below today's level from accumulated volume at $1.46 and $1.40.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, MicroCloud Hologram Inc. finds support just below today's level at $1.46. If this is broken, then the next support from accumulated volume will be at $1.40 and $1.19.

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 $0.470 between high and low, or 35.07%. For the last week, the stock has had daily average volatility of 16.24%.

MicroCloud Hologram Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.