AIENGLISH USD Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Red day on Friday for AIENGLISH USD
(Updated on Jun 28, 2024)
The AIENGLISH USD stock price fell by -1.43% on the last day (Friday, 28th Jun 2024) from $0.00000000 to $0.00000000. During the last trading day the stock fluctuated 1.46% from a day low at $0.00000000 to a day high of $0.00000000. The price has fallen in 6 of the last 10 days and is down by -7.41% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -11 shares and in total, 2 shares were bought and sold for approximately $0.00000000 .
The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect AIENGLISH USD stock with a 90% probability to be traded between $0.00000000 and $0.00000000 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.
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AIENUSD Signals & Forecast
The AIENGLISH USD stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $0.00000000. On a fall, the stock will find some support from the long-term average at approximately $0.00000000. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, May 28, 2024, and so far it has fallen -12.70%. 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 along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for AIENGLISH USD stock
AIENGLISH USD finds support from accumulated volume at $0.00000000 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 much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.00000000 between high and low, or 1.46%. For the last week the stock has had daily average volatility of 2.58%.
AIENGLISH USD is oversold on RSI14 (16). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: $0.00000000 (-6.68%) (This stock has high daily movements and this gives high risk. Low RSI14 is 16 which reduces the risk some. There is a sell signal from a pivot top found 34 days ago.)
Trading Expectations (AIENUSD) For The Upcoming Trading Day Of Saturday 29th
For the upcoming trading day on Saturday, 29th we expect AIENGLISH USD to open at $0.00000000, and during the day (based on 14 day Average True Range), to move between $0.00000000 and $0.00000000, which gives a possible trading interval of +/-$0.00000000 (+/-2.40%) up or down from last closing price. If AIENGLISH USD takes out the full calculated possible swing range there will be an estimated 4.79% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.00000000 (0.36%) than the resistance at $0.00000000 (4.73%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is AIENGLISH USD stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for AIENGLISH USD stock to perform well in the short-term period.
Current score: 1.682 Buy Candidate Unchanged
Predicted Opening Price for AIENGLISH USD of Saturday, June 29, 2024
| Fair opening price June 29, 2024 | Current price |
|---|---|
| $0.00000000 ( 0.242%) | $0.00000000 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AIENUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.00000000 | 1.70% |
| R2 | 0.00000000 | 1.14% |
| R1 | 0.00000000 | 0.798% |
| Price | 0.00000000 | |
| S1 | 0.00000000 | -0.313% |
| S2 | 0.00000000 | -0.656% |
| S3 | 0.00000000 | -1.21% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.00000000 | 5.45% |
| R2 | 0.00000000 | 5.09% |
| R1 | 0.00000000 | 4.73% |
| Price | 0.00000000 | |
| S1 | 0.00000000 | -0.364% |
| S2 | 0.00000000 | -1.45% |
| S3 | 0.00000000 | -7.64% |
FAQ
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