CYIOS Corporation Stock Forecast

CYIOS Corporation stock price down 1.91% on Tuesday
(Updated on May 07, 2024)

CYIO 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 CYIOS Corporation 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 $0.0116 and $0.0132. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, March 05, 2024, and so far it has fallen -50.73%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for CYIOS Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.0101 and $0.0100. 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, CYIOS Corporation finds support just below today's level at $0.0101. If this is broken, then the next support from accumulated volume will be at $0.0100 and $0.0095.

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 $0.0003 between high and low, or 2.61%. For the last week the stock has had daily average volatility of 11.20%.

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

Trading Expectations (CYIO) For The Upcoming Trading Day Of Wednesday 8th

For the upcoming trading day on Wednesday, 8th we expect CYIOS Corporation to open at $0.0108, and during the day (based on 14 day Average True Range), to move between $0.0084 and $0.0132, which gives a possible trading interval of +/-$0.0024 (+/-22.37%) up or down from last closing price. If CYIOS Corporation takes out the full calculated possible swing range there will be an estimated 44.74% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.0110 (1.95%) than the support at $0.0101 (6.39%), 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 CYIOS Corporation stock A Buy?

CYIOS Corporation 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: -4.962 Sell Candidate Unchanged

Predicted Opening Price for CYIOS Corporation of Wednesday, May 8, 2024

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