BEPRO Network USD Stock Forecast

BEPRO Network USD stock downgraded to Sell Candidate
(Updated on Jun 28, 2024)

BEPROUSD Signals & Forecast

There are mixed signals in the stock today. The BEPRO Network USD 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 $0.0007. On a fall, the stock will find some support from the short-term average at $0.0006. 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. A sell signal was issued from a pivot top point on Friday, May 31, 2024, and so far it has fallen -23.04%. Further fall is indicated until a new bottom pivot has been found. BEPRO Network USD gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for BEPRO Network USD stock

BEPRO Network USD finds support from accumulated volume at $0.0007 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.000013 between high and low, or 1.97%. For the last week, the stock has had daily average volatility of 5.54%.

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

Trading Expectations (BEPROUSD) For The Upcoming Trading Day Of Saturday 29th

For the upcoming trading day on Saturday, 29th we expect BEPRO Network USD to open at $0.0007, and during the day (based on 14 day Average True Range), to move between $0.0006 and $0.0007, which gives a possible trading interval of +/-$0.00002940 (+/-4.43%) up or down from last closing price. If BEPRO Network USD takes out the full calculated possible swing range there will be an estimated 8.87% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0007 (1.21%) than the resistance at $0.0007 (1.36%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is BEPRO Network USD stock A Buy?

BEPRO Network USD 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -3.060 Sell Candidate Downgraded

Predicted Opening Price for BEPRO Network USD of Saturday, June 29, 2024

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