Astra Veda Corp Stock Forecast
Astra Veda Corp stock price ended at $0.0005 on Wednesday, after losing 0%.
(Updated on Jul 03, 2024)
No changes to the price of Astra Veda Corp stock on the last trading day (Wednesday, 3rd Jul 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0005 to a day high of $0.0005. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
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 -37.62% during the next 3 months and, with a 90% probability hold a price between $0.0002 and $0.0005 at the end of this 3-month period.
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ASTA Signals & Forecast
There are mixed signals in the stock today. The Astra Veda Corp 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 $0.0005 and $0.0006. 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 Tuesday, June 18, 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 Astra Veda Corp 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.
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 0%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ASTA) For The Upcoming Trading Day Of Friday 5th
For the upcoming trading day on Friday, 5th we expect Astra Veda Corp to open at $0.0005, and during the day (based on 14 day Average True Range), to move between $0.0005 and $0.0005, which gives a possible trading interval of +/-$0.00004458 (+/-8.92%) up or down from last closing price. If Astra Veda Corp takes out the full calculated possible swing range there will be an estimated 17.83% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $0.0006, some $0.00005 (10.00%) from the current price of $0.0005, our system finds the risk reward not very attractive.
Is Astra Veda Corp stock A Buy?
Astra Veda Corp 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.
Current score: -1.567 Sell Candidate Unchanged
Predicted Opening Price for Astra Veda Corp of Friday, July 5, 2024
Fair opening price July 5, 2024 | Current price |
---|---|
$0.0005 ( 0%) | $0.0005 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ASTA
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.0005 | - |
R2 | 0.0005 | - |
R1 | 0.0005 | - |
Price | 0.0005 | |
S1 | 0.0005 | - |
S2 | 0.0005 | - |
S3 | 0.0005 | - |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0 | - |
R2 | 0.0006 | 20.00% |
R1 | 0.0006 | 10.00% |
Price | 0.0005 | |
S1 | 0 | - |
S2 | 0 | - |
S3 | 0 | - |
FAQ
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