Beyond Commerce Inc Stock Forecast

High volatility in Beyond Commerce Inc stock price on Friday which ended trading at $0.0001
(Updated on May 03, 2024)

BYOC Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". 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 Beyond Commerce Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $0.0001 and $0.0001. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 01, 2024, and so far it has fallen -50.00%. Further fall is indicated until a new bottom pivot has been found.

Buy

Special Signal Notification

Double Bottom Formation

A buy signal from a double bottom formation was found on Wednesday, April 24, 2024 and based on theory for this formation the price should go up by 0% to $0.0001 within 4 trading days since signal was issued (Monday, May 06, 2024).

Support, Risk & Stop-loss for Beyond Commerce Inc stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

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 100.00%. For the last week, the stock has had daily average volatility of 76.67%.

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

Trading Expectations (BYOC) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect Beyond Commerce Inc to open at $0.0001, and during the day (based on 14 day Average True Range), to move between $0.00002904 and $0.0002, which gives a possible trading interval of +/-$0.00007096 (+/-70.96%) up or down from last closing price. If Beyond Commerce Inc takes out the full calculated possible swing range there will be an estimated 141.92% move between the lowest and the highest trading price during the day.

Is Beyond Commerce Inc stock A Buy?

Beyond Commerce Inc holds several negative signals and is within a very wide and falling trend, so we believe 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 Sell to a Strong Sell candidate.

Current score: -5.735 Strong Sell Candidate Downgraded

Predicted Opening Price for Beyond Commerce Inc of Monday, May 6, 2024

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