Curative Biotechnology, Inc. Stock Forecast

Curative Biotechnology, Inc. stock downgraded from Hold/Accumulate to Sell Candidate after Friday trading session.
(Updated on Jun 28, 2024)

CUBT Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, June 24, 2024, and so far it has risen 69.07%. 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). Curative Biotechnology, Inc. 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 Curative Biotechnology, Inc. stock 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 stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.0173. On a fall, the stock will find some support from the short-term average at $0.0151. 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.

Support, Risk & Stop-loss for Curative Biotechnology, Inc. stock

Curative Biotechnology, Inc. finds support from accumulated volume at $0.0163 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 $0.0001 between high and low, or 0.613%. For the last week, the stock has had daily average volatility of 43.72%.

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

Trading Expectations (CUBT) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Curative Biotechnology, Inc. to open at $0.0164, and during the day (based on 14 day Average True Range), to move between $0.0138 and $0.0190, which gives a possible trading interval of +/-$0.0026 (+/-15.61%) up or down from last closing price. If Curative Biotechnology, Inc. takes out the full calculated possible swing range there will be an estimated 31.22% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0163 (0.61%) than the resistance at $0.0190 (15.85%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Curative Biotechnology, Inc. stock A Buy?

Curative Biotechnology, Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.712 Sell Candidate Downgraded

Predicted Opening Price for Curative Biotechnology, Inc. of Monday, July 1, 2024

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