14-day Premium Trial Subscription Sign Up For FreeGet Free

BrewBilt Manufacturing Inc. Stock Forecast NASDAQ:BBRW

$0.0008 (60.00%)

Volume: 156M

Closed: Dec 08, 2021

Hollow Logo Score: -2.250

BrewBilt Manufacturing Inc. Stock Forecast

$0.0008 (60.00%)

Volume: 156M

Closed: Dec 08, 2021

Score Hollow Logo -2.250
Which way will BBRW go? Request

BBRW Stock Risk

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 $0.0003 between high and low, or 60.00%. For the last week, the stock has had a daily average volatility of 40.63%.

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

Overall risk:

Very Low Low Medium High Very High

* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 20 - 80 ] RSI14 is 39 and the stock is currently not being overbought or oversold

Big movements in BrewBilt Manufacturing Inc. stock price on Wednesday moving 60.00% between high and low
(Updated on Dec 08, 2021)


Sell candidate since 2021-10-12 Loss -55.56%

The BrewBilt Manufacturing Inc. stock price gained 60.00% on the last trading day (Wednesday, 8th Dec 2021), rising from $0.0005 to $0.0008. During the day the stock fluctuated 60.00% from a day low at $0.0005 to a day high of $0.0008. The price has fallen in 4 of the last 10 days, but is still up by 14.29% 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, 25 million more shares were traded than the day before. In total, 156 million shares were bought and sold for approximately $124.91 thousand.

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 -50.26% during the next 3 months and, with a 90% probability hold a price between $0.0002 and $0.0007 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.

Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, December 06, 2021, and so far it has risen 60.00%. Further rise is indicated until a new top pivot has been found. BrewBilt Manufacturing 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. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The BrewBilt Manufacturing Inc. 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 $0.0011. On a fall, the stock will find some support from the short-term average at $0.0007. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss

On the downside, the stock finds support just below today's level from accumulated volume at $0.0007. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0 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 $0.0003 between high and low, or 60.00%. For the last week, the stock has had a daily average volatility of 40.63%.

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

Is BrewBilt Manufacturing Inc. stock A Buy?

BrewBilt Manufacturing Inc. 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: -2.250

Predicted Opening Price for BrewBilt Manufacturing Inc. of Thursday, December 9, 2021

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

Fair opening price December 9, 2021 Current price
$0.0007 $0.0008 (Overvalued)
Sell Candidate Upgraded

Remember To Visit Our YouTube Channel

Volatility and Risk
Daily Average Volatility: 40.63 %
Overall Risk: Very High High Medium Low Very Low
Volatility
40.63 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $0.0009
Price: $0.0008
Support: $0.0007

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 0.0010 25.00 %
0.0009 10.68 %
0.0008 1.82 %
Current price: 0.0008
Support 0.0006 -26.83 %
0.0005 -35.68 %
0.0004 -50.00 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 0 .
0.0009 17.50 %
0.0009 12.50 %
Current price 0.0008
Support 0.0007 -12.50%
0 .
0 .

Click to get the best stock tips daily for free!

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!

StockInvest.usJoin 100 000+ Happy Subscribers

Don't miss out on the runners!

Get The StockInvest.Us Newsletter

StockInvest.usStock Podcast

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT