American Leisure Holdings, Inc. Stock Forecast
High volatility in American Leisure Holdings, Inc. stock price on Tuesday which ended trading at $0.0001
(Updated on Apr 30, 2024)
No changes to the price of American Leisure Holdings, Inc. stock on the last trading day (Tuesday, 30th Apr 2024). During the last trading day the stock fluctuated 100.00% from a day low at $0.0001 to a day high of $0.0002. The price has been going up and down for this period, and there has been a -50% loss for the last 2 weeks.
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 $0.00007012 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -10.54% during the next 3 months and, with a 90% probability hold a price between $0.00006273 and $0.0003 at the end of this 3-month period.
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AMLH Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, April 22, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The American Leisure Holdings, 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 $0.0001 and $0.0002. A break-up above any of these levels will issue buy signals. 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.
Support, Risk & Stop-loss for American Leisure Holdings, Inc. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.0001 between high and low, or 100.00%. For the last week the stock has had daily average volatility of 70.00%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AMLH) For The Upcoming Trading Day Of Wednesday 1st
For the upcoming trading day on Wednesday, 1st we expect American Leisure Holdings, Inc. to open at $0.0001, and during the day (based on 14 day Average True Range), to move between $0.00002112 and $0.0002, which gives a possible trading interval of +/-$0.00007888 (+/-78.88%) up or down from last closing price. If American Leisure Holdings, Inc. takes out the full calculated possible swing range there will be an estimated 157.75% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $0.0001, some $0.000004 (4.00%) from the current price of $0.0001, our system finds the risk reward not very attractive.
Is American Leisure Holdings, Inc. stock A Buy?
American Leisure Holdings, 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: -5.383 Strong Sell Candidate Unchanged
Predicted Opening Price for American Leisure Holdings, Inc. of Wednesday, May 1, 2024
| Fair opening price May 1, 2024 | Current price |
|---|---|
| $0.0001 ( 33.33%) | $0.0001 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AMLH
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0002 | 133.33 % | |
| R2 | 0.0002 | 95.13 % | ||
| R1 | 0.0002 | 71.53 % | ||
| Current price: | 0.0001 | |||
| Support | S1 | 0.00009513 | -4.87 % | |
| S2 | 0.00007153 | -28.47 % | ||
| S3 | 0.00003333 | -66.67 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0.0001 | 4.00 % | ||
| Current price | 0.0001 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
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