CAW(A Hunters Dream) USD Stock Forecast
A very red day for CAW(A Hunters Dream) USD stock price after a -5.28% fall in the Friday trading session
(Updated on Jun 28, 2024)
The CAW(A Hunters Dream) USD stock price fell by -5.28% on the last day (Friday, 28th Jun 2024) from $0.00000009 to $0.00000009. During the last trading day the stock fluctuated 9.91% from a day low at $0.00000009 to a day high of $0.00000009. The price has fallen in 6 of the last 10 days and is down by -10.13% for this period. Volume has increased on the last day by 250 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 million shares were bought and sold for approximately $0.129 .
The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.00000009 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 5.17% during the next 3 months and, with a 90% probability hold a price between $0.00000009 and $0.00000015 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
CAWUSD Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The CAW(A Hunters Dream) USD 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 $0.00000009 and $0.00000010. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, June 05, 2024, and so far it has fallen -35.42%. Further fall is indicated until a new bottom pivot has been found. CAW(A Hunters Dream) 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.
Support, Risk & Stop-loss for CAW(A Hunters Dream) USD stock
CAW(A Hunters Dream) USD finds support from accumulated volume at $0.00000009 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 $0.00000001 between high and low, or 9.91%. For the last week, the stock has had daily average volatility of 5.65%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CAWUSD) For The Upcoming Trading Day Of Saturday 29th
For the upcoming trading day on Saturday, 29th we expect CAW(A Hunters Dream) USD to open at $0.00000009, and during the day (based on 14 day Average True Range), to move between $0.00000008 and $0.00000009, which gives a possible trading interval of +/-$0.00000001 (+/-6.79%) up or down from last closing price. If CAW(A Hunters Dream) USD takes out the full calculated possible swing range there will be an estimated 13.57% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.00000009 (0.77%) than the resistance at $0.00000010 (13.55%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is CAW(A Hunters Dream) USD stock A Buy?
The CAW(A Hunters Dream) USD stock holds several negative signals and despite the positive trend, we believe CAW(A Hunters Dream) USD will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -4.873 Sell Candidate Unchanged
Predicted Opening Price for CAW(A Hunters Dream) USD of Saturday, June 29, 2024
| Fair opening price June 29, 2024 | Current price |
|---|---|
| $0.00000009 ( 1.49%) | $0.00000009 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CAWUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.00000010 | 11.14% |
| R2 | 0.00000009 | 7.45% |
| R1 | 0.00000009 | 5.17% |
| Price | 0.00000009 | |
| S1 | 0.00000009 | -2.20% |
| S2 | 0.00000008 | -4.48% |
| S3 | 0.00000008 | -8.16% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.00000010 | 17.47% |
| R2 | 0.00000010 | 15.61% |
| R1 | 0.00000010 | 13.55% |
| Price | 0.00000009 | |
| S1 | 0.00000009 | -0.775% |
| S2 | 0.00000009 | -2.74% |
| S3 | 0.00000008 | -5.10% |
FAQ
Click here for our free guide on how to buy CAW(A Hunters Dream) USD Stock.
