Apollo Currency USD Stock Forecast

Apollo Currency USD stock upgraded to Sell Candidate.
(Updated on Jun 19, 2024)

APLUSD Signals & Forecast

There are mixed signals in the stock today. The Apollo Currency USD 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 $0.00003771 and $0.00003869. A break-up above any of these levels will issue buy signals. 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 buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Apollo Currency USD stock

Apollo Currency USD finds support from accumulated volume at $0.000035 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 periodic low trading volume this stock is considered to be "very high risk". 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 0%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (APLUSD) For The Upcoming Trading Day Of Thursday 20th

For the upcoming trading day on Thursday, 20th we expect Apollo Currency USD to open at $0.000036, and during the day (based on 14 day Average True Range), to move between $0.00001696 and $0.00005504, which gives a possible trading interval of +/-$0.00001904 (+/-52.88%) up or down from last closing price. If Apollo Currency USD takes out the full calculated possible swing range there will be an estimated 105.77% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.000037 (2.78%) than the support at $0.000035 (2.78%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Apollo Currency USD stock A Buy?

Apollo Currency 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: -3.787 Sell Candidate Upgraded

Predicted Opening Price for Apollo Currency USD of Thursday, June 20, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.