EAT is up +49.38%% since April’24 pick View All Top Buy Picks
$0.123
-0.0020 (-1.60%)
At Close: Jun 26, 2024
RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DARUSD
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Mines of Dalarnia USD stock downgraded to Strong Sell Candidate
(Updated on Jun 26, 2024)

Sell candidate since Jun 09, 2024 Loss -25.90% PDF

The Mines of Dalarnia USD stock price fell by -1.60% on the last day (Wednesday, 26th Jun 2024) from $0.125 to $0.123. During the last trading day the stock fluctuated 5.83% from a day low at $0.120 to a day high of $0.127. The price has fallen in 8 of the last 10 days and is down by -13.38% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -3 million shares and in total, 7 million shares were bought and sold for approximately $906.80 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -32.55% during the next 3 months and, with a 90% probability hold a price between $0.0616 and $0.123 at the end of this 3-month period.

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DARUSD Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, June 18, 2024, and so far it has risen 6.03%. 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 Mines of Dalarnia USD 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 $0.154. On a fall, the stock will find some support from the short-term average at $0.121. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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.

Support, Risk & Stop-loss for Mines of Dalarnia USD stock

Mines of Dalarnia USD finds support from accumulated volume at $0.122 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 periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.0070 between high and low, or 5.83%. For the last week the stock has had daily average volatility of 5.29%.

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

Trading Expectations (DARUSD) For The Upcoming Trading Day Of Thursday 27th

For the upcoming trading day on Thursday, 27th we expect Mines of Dalarnia USD to open at $0.123, and during the day (based on 14 day Average True Range), to move between $0.112 and $0.134, which gives a possible trading interval of +/-$0.0110 (+/-8.91%) up or down from last closing price. If Mines of Dalarnia USD takes out the full calculated possible swing range there will be an estimated 17.82% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.122 (0.81%) than the resistance at $0.142 (15.45%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Mines of Dalarnia USD stock A Buy?

Mines of Dalarnia USD 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 Sell to a Strong Sell candidate.

Current score: -5.473 Strong Sell Candidate Downgraded

Predicted Opening Price for Mines of Dalarnia USD of Thursday, June 27, 2024

Fair opening price June 27, 2024 Current price
$0.123 ( 0.271%) $0.123

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

Trading levels for DARUSD

Fibonacci Support & Resistance Levels

Level Price
R3 0.130 5.96%
R2 0.128 3.79%
R1 0.126 2.44%
Price 0.123
S1 0.121 -1.90%
S2 0.119 -3.25%
S3 0.116 -5.42%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.152 23.58%
R2 0.145 17.64%
R1 0.142 15.45%
Price 0.123
S1 0.122 -0.81%
S2 0.117 -4.88%
S3 0.116 -5.69%

FAQ

What is the symbol for Mines of Dalarnia USD Stock and on which exchange is it traded?
The symbol for Mines of Dalarnia USD is DARUSD and it is traded on the CRYPTO (Cryptocurrencies).

Should I buy or sell Mines of Dalarnia USD Stock?
Mines of Dalarnia USD 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 Sell to a Strong Sell candidate.

How to buy Mines of Dalarnia USD Stock?
Mines of Dalarnia USD Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Mines of Dalarnia USD Stock.

What's the current price of Mines of Dalarnia USD Stock?
As of the end of day on the Jun 26, 2024, the price of an Mines of Dalarnia USD (DARUSD) share was $0.123.

What is the 52-week high and low for Mines of Dalarnia USD Stock?
The 52-week high for Mines of Dalarnia USD Stock is $0.299 and the 52-week low is $0.0759.
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