Auri, Inc. Stock Forecast

Big movements in Auri, Inc. stock price on Friday moving 50.00% between high and low
(Updated on May 10, 2024)

AURI Signals & Forecast

Mostly positive signals in the chart today. The Auri, Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.0002 and $0.0002. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has risen 200.00%. 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). Auri, Inc. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Auri, Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.0003 and $0.0002. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.0002 may give a huge drop in the stock price.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0001 between high and low, or 50.00%. For the last week, the stock has had daily average volatility of 80.00%.

Our recommended stop-loss: $0.0003 (-3.82%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (AURI) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect Auri, Inc. to open at $0.0003, and during the day (based on 14 day Average True Range), to move between $0.0002 and $0.0004, which gives a possible trading interval of +/-$0.0001 (+/-35.07%) up or down from last closing price. If Auri, Inc. takes out the full calculated possible swing range there will be an estimated 70.15% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $0.0003, some $0.00005 (16.67%) from the current price of $0.0003, our system finds the risk reward attractive.

Is Auri, Inc. stock A Buy?

Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 4.500 Buy Candidate Upgraded

Predicted Opening Price for Auri, Inc. of Monday, May 13, 2024

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