Healixa Inc. Stock Forecast
Big movements in Healixa Inc. stock price on Friday moving 15.09% between high and low
(Updated on May 03, 2024)
The Healixa Inc. stock price fell by -9.63% on the last day (Friday, 3rd May 2024) from $0.113 to $0.102. During the last trading day the stock fluctuated 15.09% from a day low at $0.0978 to a day high of $0.113. The price has fallen in 6 of the last 10 days and is down by -31.77% for this period. Volume has increased on the last day by 98 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 102 thousand shares were bought and sold for approximately $10.33 thousand.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.0886 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -30.83% during the next 3 months and, with a 90% probability hold a price between $0.0613 and $0.119 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
EMOR Signals & Forecast
There are few to no technical positive signals at the moment. The Healixa Inc. 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 $0.109 and $0.133. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 01, 2024, and so far it has fallen -21.61%. 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). Healixa Inc. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Healixa Inc. stock
Healixa Inc. finds support from accumulated volume at $0.101 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 a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0148 between high and low, or 15.09%. For the last week, the stock has had daily average volatility of 21.05%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (EMOR) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Healixa Inc. to open at $0.104, and during the day (based on 14 day Average True Range), to move between $0.0752 and $0.128, which gives a possible trading interval of +/-$0.0265 (+/-26.08%) up or down from last closing price. If Healixa Inc. takes out the full calculated possible swing range there will be an estimated 52.15% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.101 (0.55%) than the resistance at $0.105 (3.28%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Healixa Inc. stock A Buy?
Healixa Inc. 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: -5.779 Strong Sell Candidate Unchanged
Predicted Opening Price for Healixa Inc. of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $0.104 ( 2.27%) | $0.102 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EMOR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.119 | 16.78 % | |
| R2 | 0.113 | 11.23 % | ||
| R1 | 0.110 | 7.81 % | ||
| Current price: | 0.102 | |||
| Support | S1 | 0.0983 | -3.27 % | |
| S2 | 0.0949 | -6.70 % | ||
| S3 | 0.0892 | -12.24 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.126 | 23.93 % | |
| R2 | 0.119 | 17.05 % | ||
| R1 | 0.105 | 3.28 % | ||
| Current price | 0.102 | |||
| Support | S1 | 0.101 | -0.547% | |
| S2 | 0.101 | -0.656% | ||
| S3 | 0.0985 | -3.11% |
FAQ
Click here for our free guide on how to buy Healixa Inc. Stock.
