Clean Vision Corporation Stock Forecast
Clean Vision Corporation stock price up 2.72% on Thursday
(Updated on May 16, 2024)
The Clean Vision Corporation stock price gained 2.72% on the last trading day (Thursday, 16th May 2024), rising from $0.0202 to $0.0208. During the last trading day the stock fluctuated 6.41% from a day low at $0.0195 to a day high of $0.0208. The price has fallen in 6 of the last 10 days and is down by -17.82% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $58.77 thousand.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -30.16% during the next 3 months and, with a 90% probability hold a price between $0.0109 and $0.0193 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
CLNV Signals & Forecast
Clean Vision Corporation has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. 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 Clean Vision Corporation 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 $0.0216 and $0.0233. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, April 25, 2024, and so far it has fallen -31.97%. 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 Clean Vision Corporation stock
Clean Vision Corporation finds support from accumulated volume at $0.0202 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 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 $0.0013 between high and low, or 6.41%. For the last week, the stock has had daily average volatility of 10.04%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CLNV) For The Upcoming Trading Day Of Friday 17th
For the upcoming trading day on Friday, 17th we expect Clean Vision Corporation to open at $0.0203, and during the day (based on 14 day Average True Range), to move between $0.0180 and $0.0235, which gives a possible trading interval of +/-$0.0027 (+/-13.07%) up or down from last closing price. If Clean Vision Corporation takes out the full calculated possible swing range there will be an estimated 26.13% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.0213 (2.65%) than the support at $0.0202 (2.65%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Clean Vision Corporation stock A Buy?
Clean Vision Corporation 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.
Current score: -5.955 Strong Sell Candidate Unchanged
Predicted Opening Price for Clean Vision Corporation of Friday, May 17, 2024
| Fair opening price May 17, 2024 | Current price |
|---|---|
| $0.0203 ( 2.01%) | $0.0208 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CLNV
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0216 | 4.02 % | |
| R2 | 0.0211 | 1.71 % | ||
| R1 | 0.0208 | 0.293 % | ||
| Current price: | 0.0208 | |||
| Support | S1 | 0.0199 | -4.31 % | |
| S2 | 0.0196 | -5.73 % | ||
| S3 | 0.0191 | -8.03 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0225 | 8.43 % | |
| R2 | 0.0220 | 6.02 % | ||
| R1 | 0.0213 | 2.65 % | ||
| Current price | 0.0208 | |||
| Support | S1 | 0.0202 | -2.65% | |
| S2 | 0.0201 | -3.13% | ||
| S3 | 0.0200 | -3.61% |
FAQ
Click here for our free guide on how to buy Clean Vision Corporation Stock.
