The Crypto Company Stock Forecast

Volatile ride for The Crypto Company stock price on Friday moving between $0.0012 and $0.0014
(Updated on May 10, 2024)

CRCW 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 The Crypto Company 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 $0.0013 and $0.0015. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 06, 2024, and so far it has fallen -56.30%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for The Crypto Company stock

The Crypto Company finds support from accumulated volume at $0.0013 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 much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.0002 between high and low, or 16.67%. For the last week the stock has had daily average volatility of 11.28%.

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

Trading Expectations (CRCW) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect The Crypto Company to open at $0.0013, and during the day (based on 14 day Average True Range), to move between $0.0011 and $0.0015, which gives a possible trading interval of +/-$0.0002 (+/-15.91%) up or down from last closing price. If The Crypto Company takes out the full calculated possible swing range there will be an estimated 31.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0013 (3.85%) than the resistance at $0.0014 (3.85%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is The Crypto Company stock A Buy?

The Crypto Company 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: -6.459 Strong Sell Candidate Unchanged

Predicted Opening Price for The Crypto Company of Monday, May 13, 2024

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