Critical Metals Corp. Ordinary Shares Stock Forecast

Buy candidate since Jan 10, 2025 Gain 9.40%

The Critical Metals Corp. Ordinary Shares stock price gained 12.14% on the last trading day (Friday, 17th Jan 2025), rising from $7.58 to $8.50. During the last trading day the stock fluctuated 12.01% from a day low at $7.70 to a day high of $8.63. The price has risen in 6 of the last 10 days and is up by 29.77% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 94 thousand shares were bought and sold for approximately $800.84 thousand.

The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $8.62 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 14.62% during the next 3 months and, with a 90% probability hold a price between $7.35 and $9.88 at the end of this 3-month period.

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CRML Signals & Forecast

Mostly positive signals in the chart today. The Critical Metals Corp. Ordinary Shares stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $7.85 and $7.10. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, December 19, 2024, and so far it has risen 37.99%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Critical Metals Corp. Ordinary Shares 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. Higher liquidity also reduces the general risk.

Support, Risk & Stop-loss for Critical Metals Corp. Ordinary Shares stock

Critical Metals Corp. Ordinary Shares finds support from accumulated volume at $8.28 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 a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.93 between high and low, or 12.01%. For the last week, the stock has had daily average volatility of 16.63%.

Our recommended stop-loss: $8.15 (-4.10%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 18 days ago.)

Trading Expectations (CRML) For The Upcoming Trading Day Of Tuesday 21st

For the upcoming trading day on Tuesday, 21st we expect Critical Metals Corp. Ordinary Shares to open at $8.28, and during the day (based on 14 day Average True Range), to move between $7.67 and $9.33, which gives a possible trading interval of +/-$0.83 (+/-9.82%) up or down from last closing price. If Critical Metals Corp. Ordinary Shares takes out the full calculated possible swing range there will be an estimated 19.64% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $8.28, some $0.220 (2.59%) from the current price of $8.50, our system finds the risk reward attractive.

Is Critical Metals Corp. Ordinary Shares stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Critical Metals Corp. Ordinary Shares stock to perform well in the short-term.

Current score: 4.535 Buy Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on January 21, 2025 - $8.28 ( 2.65%).