Aclarion, Inc. Stock Forecast
High volatility in Aclarion, Inc. stock price on Tuesday which ended trading at $0.0322
(Updated on Jun 25, 2024)
The Aclarion, Inc. stock price gained 3.87% on the last trading day (Tuesday, 25th Jun 2024), rising from $0.0310 to $0.0322. During the last trading day the stock fluctuated 28.29% from a day low at $0.0251 to a day high of $0.0322. The price has fallen in 5 of the last 10 days but is still up by 7.33% 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, 5 thousand more shares were traded than the day before. In total, 8 thousand shares were bought and sold for approximately $244.82 .
The stock is at the lower part of a very wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $0.0229 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Aclarion, Inc. stock with a 90% probability to be traded between $0.0229 and $0.0997 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
ACONW Signals & Forecast
Aclarion, Inc. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Aclarion, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.0349 and $0.0390. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 06, 2024, and so far it has fallen -67.74%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Aclarion, Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0300 and $0.0292. 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, Aclarion, Inc. finds support just below today's level at $0.0300. If this is broken, then the next support from accumulated volume will be at $0.0292 and $0.0279.
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 $0.0071 between high and low, or 28.29%. For the last week, the stock has had daily average volatility of 13.21%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ACONW) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Aclarion, Inc. to open at $0.0298, and during the day (based on 14 day Average True Range), to move between $0.0202 and $0.0442, which gives a possible trading interval of +/-$0.0120 (+/-37.25%) up or down from last closing price. If Aclarion, Inc. takes out the full calculated possible swing range there will be an estimated 74.49% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0300 (6.83%) than the resistance at $0.0360 (11.80%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Aclarion, Inc. stock A Buy?
Aclarion, Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -4.681 Sell Candidate Unchanged
Predicted Opening Price for Aclarion, Inc. of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $0.0298 ( 7.35%) | $0.0322 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ACONW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0369 | 14.70% |
| R2 | 0.0342 | 6.28% |
| R1 | 0.0325 | 1.07% |
| Price | 0.0322 | |
| S1 | 0.0271 | -15.77% |
| S2 | 0.0254 | -20.98% |
| S3 | 0.0227 | -29.40% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0387 | 20.19% |
| R2 | 0.0386 | 19.88% |
| R1 | 0.0360 | 11.80% |
| Price | 0.0322 | |
| S1 | 0.0300 | -6.83% |
| S2 | 0.0292 | -9.27% |
| S3 | 0.0279 | -13.35% |
FAQ
Click here for our free guide on how to buy Aclarion, Inc. Stock.
