Antibe Therapeutics Inc Stock Forecast
Antibe Therapeutics Inc stock price ended at $0.216 on Friday, after losing 0%.
(Updated on Apr 26, 2024)
No changes to the price of Antibe Therapeutics Inc stock on the last trading day (Friday, 26th Apr 2024). During the last trading day the stock fluctuated 0% from a day low at $0.216 to a day high of $0.216. 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 the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $0.289 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. 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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ATBPF Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Antibe Therapeutics 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 $0.216 and $0.255. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, April 25, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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 Antibe Therapeutics Inc stock
Antibe Therapeutics Inc finds support from accumulated volume at $0.209 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 0%
Our recommended stop-loss: $0.207 (-4.00%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (ATBPF) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Antibe Therapeutics Inc to open at $0.216, and during the day (based on 14 day Average True Range), to move between $0.200 and $0.231, which gives a possible trading interval of +/-$0.0159 (+/-7.35%) up or down from last closing price. If Antibe Therapeutics Inc takes out the full calculated possible swing range there will be an estimated 14.71% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $0.209, some $0.0070 (3.25%) from the current price of $0.216, our system finds the risk reward attractive.
Is Antibe Therapeutics Inc stock A Buy?
Antibe Therapeutics Inc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
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 Antibe Therapeutics Inc of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $0.216 ( 0%) | $0.216 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ATBPF
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.216 | . | |
| R2 | 0.216 | . | ||
| R1 | 0.216 | . | ||
| Current price: | 0.216 | |||
| Support | S1 | 0.216 | . | |
| S2 | 0.216 | . | ||
| S3 | 0.216 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 0.216 | |||
| Support | S1 | 0.209 | -3.25% | |
| S2 | 0.194 | -9.94% | ||
| S3 | 0.190 | -11.87% |
FAQ
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