Akropolis Delphi USD Stock Forecast
Akropolis Delphi USD stock upgraded to Hold/Accumulate.
(Updated on Jun 25, 2024)
No changes to the price of Akropolis Delphi USD stock on the last trading day (Tuesday, 25th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0050 to a day high of $0.0050. The price has fallen in 5 of the last 10 days and is down by -5.92% for this period.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -12.02% during the next 3 months and, with a 90% probability hold a price between $0.0034 and $0.0049 at the end of this 3-month period. 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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ADELUSD Signals & Forecast
There are mixed signals in the stock today. The Akropolis Delphi 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 $0.0051. On a fall, the stock will find some support from the short-term average at $0.0050. 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, June 24, 2024, and so far it has fallen 0%. 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). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
A sell signal from a double top formation was found on Friday, June 07, 2024 and based on theory for this formation the price should fall by -2.65% to $0.0049 within 8 trading days since signal was issued (Saturday, June 15, 2024).
Support, Risk & Stop-loss for Akropolis Delphi USD stock
Akropolis Delphi USD finds support from accumulated volume at $0.0048 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 2.31%
Our recommended stop-loss: $0.0048 (-4.14%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (ADELUSD) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Akropolis Delphi USD to open at $0.0050, and during the day (based on 14 day Average True Range), to move between $0.0049 and $0.0051, which gives a possible trading interval of +/-$0.0001 (+/-2.56%) up or down from last closing price. If Akropolis Delphi USD takes out the full calculated possible swing range there will be an estimated 5.12% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0048 (2.94%) than the resistance at $0.0052 (4.27%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Akropolis Delphi USD stock A Buy?
Akropolis Delphi USD holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.000 Hold/Accumulate Upgraded
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Akropolis Delphi USD of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $0.0050 ( 0%) | $0.0050 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ADELUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0050 | - |
| R2 | 0.0050 | - |
| R1 | 0.0050 | - |
| Price | 0.0050 | |
| S1 | 0.0050 | - |
| S2 | 0.0050 | - |
| S3 | 0.0050 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0061 | 23.13% |
| R2 | 0.0053 | 6.29% |
| R1 | 0.0052 | 4.27% |
| Price | 0.0050 | |
| S1 | 0.0048 | -2.94% |
| S2 | 0.0048 | -4.17% |
| S3 | 0.0044 | -12.32% |
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