DarkPulse Stock Forecast
High volatility in DarkPulse stock price on Tuesday which ended trading at $0.0012
(Updated on Jul 02, 2024)
No changes to the price of DarkPulse stock on the last trading day (Tuesday, 2nd Jul 2024). During the last trading day the stock fluctuated 18.18% from a day low at $0.0011 to a day high of $0.0013. The price has been going up and down for this period, and there has been a -14.29% loss for the last 2 weeks.
The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.0011 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 18.47% during the next 3 months and, with a 90% probability hold a price between $0.0014 and $0.0055 at the end of this 3-month period.
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DPLS 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 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 $0.0012 and $0.0017. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, May 23, 2024, and so far it has fallen -72.09%. 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 DarkPulse stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0011 and $0.0010. 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, DarkPulse finds support just below today's level at $0.0011. If this is broken, then the next support from accumulated volume will be at $0.0010 and $0.0009.
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 $0.0002 between high and low, or 18.18%. For the last week the stock has had daily average volatility of 16.36%.
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 Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect DarkPulse, Inc. to open at $0.0012, and during the day (based on 14 day Average True Range), to move between $0.0009 and $0.0015, which gives a possible trading interval of +/-$0.0003 (+/-24.94%) up or down from last closing price. If DarkPulse, Inc. takes out the full calculated possible swing range there will be an estimated 49.88% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.0013 (8.33%) than the support at $0.0011 (12.50%), 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?
The DarkPulse stock holds several negative signals and despite the positive trend, we believe DarkPulse will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -4.195 Sell Candidate Unchanged
Predicted Opening Price for DarkPulse, Inc. of Wednesday, July 3, 2024
Fair opening price July 3, 2024 | Current price |
---|---|
$0.0012 ( 0%) | $0.0012 |
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 | |
---|---|---|
R3 | 0.0014 | 16.67% |
R2 | 0.0013 | 10.30% |
R1 | 0.0013 | 6.37% |
Price | 0.0012 | |
S1 | 0.0011 | -6.37% |
S2 | 0.0011 | -10.30% |
S3 | 0.0010 | -16.67% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0 | - |
R2 | 0.0014 | 16.67% |
R1 | 0.0013 | 8.33% |
Price | 0.0012 | |
S1 | 0.0011 | -12.50% |
S2 | 0.0010 | -16.67% |
S3 | 0.0009 | -21.67% |
FAQ
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