DarkPulse Stock Forecast
Volatile ride for DarkPulse stock price on Monday moving between $0.0009 and $0.0010
(Updated on Apr 22, 2024)
The DarkPulse stock price fell by -4.26% on the last day (Monday, 22nd Apr 2024) from $0.0009 to $0.0009. During the last trading day the stock fluctuated 11.11% from a day low at $0.0009 to a day high of $0.0010. The price has fallen in 4 of the last 10 days and is down by -4.26% 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, 6 million shares were bought and sold for approximately $5.40 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 -7.53% during the next 3 months and, with a 90% probability hold a price between $0.0007 and $0.0010 at the end of this 3-month period.
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DPLS Signals & Forecast
There are few to no technical positive signals at the moment. The DarkPulse 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 $0.0009 and $0.0010. 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 26, 2024, and so far it has fallen -18.18%. Further fall is indicated until a new bottom pivot has been found. 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. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for DarkPulse stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0009 and $0.0008. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.0008 may give a huge drop in the stock price.
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 $0.0001 between high and low, or 11.11%. For the last week the stock has had daily average volatility of 11.11%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DPLS) For The Upcoming Trading Day Of Tuesday 23rd
For the upcoming trading day on Tuesday, 23rd we expect DarkPulse, Inc. to open at $0.0009, and during the day (based on 14 day Average True Range), to move between $0.0008 and $0.0010, which gives a possible trading interval of +/-$0.0001 (+/-13.79%) up or down from last closing price. If DarkPulse, Inc. takes out the full calculated possible swing range there will be an estimated 27.59% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.0010 (5.56%) than the support at $0.0009 (5.56%), 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 DarkPulse, Inc. stock A Buy?
DarkPulse 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: -3.007 Sell Candidate Unchanged
Predicted Opening Price for DarkPulse, Inc. of Tuesday, April 23, 2024
Fair opening price April 23, 2024 | Current price |
---|---|
$0.0009 ( 3.70%) | $0.0009 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DPLS
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.0010 | 14.81 % | |
R2 | 0.0010 | 10.57 % | ||
R1 | 0.0010 | 7.95 % | ||
Current price: | 0.0009 | |||
Support | S1 | 0.0009 | -0.541 % | |
S2 | 0.0009 | -3.16 % | ||
S3 | 0.0008 | -7.41 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.0011 | 16.67 % | |
R2 | 0.0010 | 11.11 % | ||
R1 | 0.0010 | 5.56 % | ||
Current price | 0.0009 | |||
Support | S1 | 0.0009 | -5.56% | |
S2 | 0.0008 | -11.11% | ||
S3 | 0 | . |
FAQ
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