$0.142
+0.0005 (+0.324%)
At Close: Mar 28, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CHZUSD
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Chiliz cryptocurrency price ended at $0.142 on Thursday, after gaining 0.324%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Gain 0.32% PDF

The Chiliz cryptocurrency price gained 0.324% on the last trading day (Thursday, 28th Mar 2024), rising from $0.142 to $0.142. During the last trading day the cryptocurrency fluctuated 7.32% from a day low at $0.139 to a day high of $0.149. The price has risen in 6 of the last 10 days and is up by 1.85% over the past 2 weeks. Volume fell on the last day by -61 million shares and in total, 19 million shares were bought and sold for approximately $2.66 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The cryptocurrency lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the cryptocurrency is expected to rise 80.65% during the next 3 months and, with a 90% probability hold a price between $0.241 and $0.318 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.

CHZUSD Signals & Forecast

Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The cryptocurrency should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Chiliz cryptocurrency 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 cryptocurrency giving a more negative forecast for the stock. On further gains, the cryptocurrency will meet resistance from the long-term Moving Average at $0.143. On a fall, the cryptocurrency will find some support from the short-term average at $0.141. 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 Wednesday, March 13, 2024, and so far it has fallen -12.62%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Chiliz cryptocurrency

On the downside, the cryptocurrency finds support just below today's level from accumulated volume at $0.131 and $0.109. There is a natural risk involved when a cryptocurrency is testing a support level, since if this is broken, the cryptocurrency then may fall to the next support level. In this case, Chiliz finds support just below today's level at $0.131. If this is broken, then the next support from accumulated volume will be at $0.109 and $0.108.

This cryptocurrency may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this cryptocurrency is considered to be "high risk". During the last day, the cryptocurrency moved $0.0102 between high and low, or 7.32%. For the last week, the cryptocurrency has had daily average volatility of 6.49%.

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

Trading Expectations (CHZUSD) For The Upcoming Trading Day Of Friday 29th

For the upcoming trading day on Friday, 29th we expect Chiliz to open at $0.143, and during the day (based on 14 day Average True Range), to move between $0.128 and $0.157, which gives a possible trading interval of +/-$0.0143 (+/-10.06%) up or down from last closing price. If Chiliz takes out the full calculated possible swing range there will be an estimated 20.13% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.131 (7.77%) than the resistance at $0.154 (8.18%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Chiliz cryptocurrency A Buy?

The Chiliz cryptocurrency holds several negative signals and despite the positive trend, we believe Chiliz will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this cryptocurrency.

Current score: -3.072 Sell Candidate Unchanged

Predicted Opening Price for Chiliz of Friday, March 29, 2024

Fair opening price March 29, 2024 Current price
$0.143 ( 0.86%) $0.142

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

Trading levels for CHZUSD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.154 8.01 %
R2 0.150 5.28 %
R1 0.147 3.59 %
Current price: 0.142
Support S1 0.140 -1.87 %
S2 0.137 -3.56 %
S3 0.133 -6.29 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.160 12.75 %
R2 0.160 12.61 %
R1 0.154 8.18 %
Current price 0.142
Support S1 0.131 -7.77%
S2 0.109 -23.73%
S3 0.108 -24.29%

FAQ

What is the symbol for Chiliz Cryptocurrency and on which exchange is it traded?
The symbol for Chiliz is CHZUSD and it is traded on the CRYPTO (Cryptocurrencies).

Should I buy or sell Chiliz Cryptocurrency?
The Chiliz cryptocurrency holds several negative signals and despite the positive trend, we believe Chiliz will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this cryptocurrency.

How to buy Chiliz Cryptocurrency?
Chiliz Cryptocurrency can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Chiliz Cryptocurrency.

What's the current price of Chiliz Cryptocurrency?
As of the end of day on the 2024-03-28, the price of an Chiliz (CHZUSD) share was $0.142.

What is the 52-week high and low for Chiliz Cryptocurrency?
The 52-week high for Chiliz Cryptocurrency is $0.197 and the 52-week low is $0.0537.
Click to get the best stock tips daily for free!