Cyber Apps World Stock Forecast

Red day on Thursday for Cyber Apps World stock after losing 0%
(Updated on May 16, 2024)

CYAP 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 Cyber Apps World stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $0.163 and $0.161. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 15, 2024, and so far it has fallen 0%. 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 Cyber Apps World stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.146 and $0.143. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Cyber Apps World finds support just below today's level at $0.146. If this is broken, then the next support from accumulated volume will be at $0.143 and $0.126.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 2.85%

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

Trading Expectations (CYAP) For The Upcoming Trading Day Of Friday 17th

For the upcoming trading day on Friday, 17th we expect Cyber Apps World to open at $0.161, and during the day (based on 14 day Average True Range), to move between $0.143 and $0.178, which gives a possible trading interval of +/-$0.0175 (+/-10.92%) up or down from last closing price. If Cyber Apps World takes out the full calculated possible swing range there will be an estimated 21.84% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.163 (1.50%) than the support at $0.146 (9.22%), 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 Cyber Apps World stock A Buy?

Cyber Apps World 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: -3.003 Sell Candidate Unchanged

Predicted Opening Price for Cyber Apps World of Friday, May 17, 2024

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