Acquire.Fi USD Stock Forecast
Volatile ride for Acquire.Fi USD stock price on Friday moving between $0.0109 and $0.0120
(Updated on Jun 28, 2024)
The Acquire.Fi USD stock price gained 4.69% on the last trading day (Friday, 28th Jun 2024), rising from $0.0108 to $0.0113. During the last trading day the stock fluctuated 10.32% from a day low at $0.0109 to a day high of $0.0120. The price has been going up and down for this period, and there has been a -6.31% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 13 thousand more shares were traded than the day before. In total, 84 thousand shares were bought and sold for approximately $952.14 .
The stock lies the upper part of a very wide and falling 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 $0.0118 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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ACQUSD Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, June 26, 2024, and so far it has risen 6.88%. Further rise is indicated until a new top pivot has been found. Acquire.Fi USD 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 Acquire.Fi USD 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 $0.0144. On a fall, the stock will find some support from the short-term average at $0.0112. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Acquire.Fi USD stock
Acquire.Fi USD finds support from accumulated volume at $0.0111 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 $0.0011 between high and low, or 10.32%. For the last week, the stock has had daily average volatility of 7.81%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ACQUSD) For The Upcoming Trading Day Of Saturday 29th
For the upcoming trading day on Saturday, 29th we expect Acquire.Fi USD to open at $0.0114, and during the day (based on 14 day Average True Range), to move between $0.0102 and $0.0124, which gives a possible trading interval of +/-$0.0011 (+/-9.48%) up or down from last closing price. If Acquire.Fi USD takes out the full calculated possible swing range there will be an estimated 18.96% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0111 (1.89%) than the resistance at $0.0137 (21.08%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Acquire.Fi USD stock A Buy?
Acquire.Fi USD 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.
Current score: -4.874 Sell Candidate Upgraded
Predicted Opening Price for Acquire.Fi USD of Saturday, June 29, 2024
| Fair opening price June 29, 2024 | Current price |
|---|---|
| $0.0114 ( 0.660%) | $0.0113 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ACQUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0125 | 10.57% |
| R2 | 0.0121 | 6.78% |
| R1 | 0.0118 | 4.45% |
| Price | 0.0113 | |
| S1 | 0.0110 | -3.13% |
| S2 | 0.0107 | -5.47% |
| S3 | 0.0103 | -9.25% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0141 | 24.16% |
| R2 | 0.0140 | 23.99% |
| R1 | 0.0137 | 21.08% |
| Price | 0.0113 | |
| S1 | 0.0111 | -1.89% |
| S2 | 0.0111 | -1.92% |
| S3 | 0.0108 | -4.76% |
FAQ
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