Better World Green Public Co Ltd Stock Forecast

Better World Green Public Co Ltd stock price ended at ฿0.450 on Friday, after losing 0%.
(Updated on May 03, 2024)

BWG.BK Signals & Forecast

There are mixed signals in the stock today. The Better World Green Public Co Ltd 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 ฿0.453 and ฿0.508. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 9.76%. 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). The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely.

Support, Risk & Stop-loss for Better World Green Public Co Ltd stock

Better World Green Public Co Ltd finds support from accumulated volume at ฿0.430 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ฿0.0200 between high and low, or 4.55%. For the last week, the stock has had daily average volatility of 4.02%.

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

Trading Expectations (BWG.BK) For The Upcoming Trading Day Of Tuesday 7th

For the upcoming trading day on Tuesday, 7th we expect Better World Green Public Company Limited to open at ฿0.450, and during the day (based on 14 day Average True Range), to move between ฿0.423 and ฿0.477, which gives a possible trading interval of +/-฿0.0268 (+/-5.97%) up or down from last closing price. If Better World Green Public Company Limited takes out the full calculated possible swing range there will be an estimated 11.93% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ฿0.430 (4.44%) than the resistance at ฿0.520 (15.56%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Better World Green Public Company Limited stock A Buy?

Better World Green Public Co Ltd 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: -3.900 Sell Candidate Unchanged

Predicted Opening Price for Better World Green Public Company Limited of Tuesday, May 7, 2024

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