Blueberries Medical Corp. Stock Forecast
Blueberries Medical Corp. stock price up 0.457% on Tuesday
(Updated on May 14, 2024)
The Blueberries Medical Corp. stock price gained 0.457% on the last trading day (Tuesday, 14th May 2024), rising from $0.0110 to $0.0110. During the last trading day the stock fluctuated 0% from a day low at $0.0110 to a day high of $0.0110. The price has risen in 5 of the last 10 days and is up by 5.77% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 5 thousand shares were bought and sold for approximately $49.50 .
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 -31.38% during the next 3 months and, with a 90% probability hold a price between $0.0055 and $0.0102 at the end of this 3-month period. 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
BBRRF Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, May 01, 2024, and so far it has risen 22.22%. 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). Blueberries Medical Corp. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Blueberries Medical Corp. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.0132. On a fall, the stock will find some support from the short-term average at $0.0109. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.
Support, Risk & Stop-loss for Blueberries Medical Corp. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0104 and $0.0101. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Blueberries Medical Corp. finds support just below today's level at $0.0104. If this is broken, then the next support from accumulated volume will be at $0.0101 and $0.0090.
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 between high and low, or 0%. For the last week, the stock has had daily average volatility of 0.89%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BBRRF) For The Upcoming Trading Day Of Wednesday 15th
For the upcoming trading day on Wednesday, 15th we expect Blueberries Medical Corp. to open at $0.0110, and during the day (based on 14 day Average True Range), to move between $0.0101 and $0.0119, which gives a possible trading interval of +/-$0.0009 (+/-8.07%) up or down from last closing price. If Blueberries Medical Corp. takes out the full calculated possible swing range there will be an estimated 16.14% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0104 (5.45%) than the resistance at $0.0128 (16.36%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Blueberries Medical Corp. stock A Buy?
Blueberries Medical 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: -1.505 Sell Candidate Unchanged
Predicted Opening Price for Blueberries Medical Corp. of Wednesday, May 15, 2024
| Fair opening price May 15, 2024 | Current price |
|---|---|
| $0.0110 ( 0.00000000%) | $0.0110 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BBRRF
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0110 | 0.00000000 % | |
| R2 | 0.0110 | 0.00000000 % | ||
| R1 | 0.0110 | 0.00000000 % | ||
| Current price: | 0.0110 | |||
| Support | S1 | 0.0110 | 0.00000000 % | |
| S2 | 0.0110 | 0.00000000 % | ||
| S3 | 0.0110 | 0.00000000 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0137 | 24.91 % | |
| R2 | 0.0137 | 24.36 % | ||
| R1 | 0.0128 | 16.36 % | ||
| Current price | 0.0110 | |||
| Support | S1 | 0.0104 | -5.45% | |
| S2 | 0.0101 | -8.18% | ||
| S3 | 0.0090 | -18.18% |
FAQ
Click here for our free guide on how to buy Blueberries Medical Corp. Stock.
