Cyberlux Stock Forecast

Strong day for Cyberlux stock price on Friday rising 5.26% to $0.0040
(Updated on May 03, 2024)

CYBL Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has risen 11.11%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Cyberlux 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 $0.0041 and $0.0042. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Cyberlux stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.0034 and $0.0033. 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, Cyberlux finds support just below today's level at $0.0034. If this is broken, then the next support from accumulated volume will be at $0.0033 and $0.0032.

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 $0.0004 between high and low, or 9.47%. For the last week the stock has had daily average volatility of 41.76%.

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

Trading Expectations (CYBL) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect Cyberlux Corporation to open at $0.0040, and during the day (based on 14 day Average True Range), to move between $0.0024 and $0.0056, which gives a possible trading interval of +/-$0.0016 (+/-40.84%) up or down from last closing price. If Cyberlux Corporation takes out the full calculated possible swing range there will be an estimated 81.68% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.0045 (12.50%) than the support at $0.0034 (15.00%), 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 Cyberlux Corporation stock A Buy?

The Cyberlux stock holds several negative signals and despite the positive trend, we believe Cyberlux will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.568 Sell Candidate Unchanged

Predicted Opening Price for Cyberlux Corporation of Monday, May 6, 2024

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