Epazz Inc Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Big movements in Epazz Inc stock price on Friday moving 28.57% between high and low
(Updated on Apr 26, 2024)
The Epazz Inc stock price fell by -5.56% on the last day (Friday, 26th Apr 2024) from $0.0009 to $0.0009. During the last trading day the stock fluctuated 28.57% from a day low at $0.0007 to a day high of $0.0009. The price has risen in 4 of the last 10 days and is up by 19.21% over the past 2 weeks. 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 -530 thousand shares and in total, 24 million shares were bought and sold for approximately $20.39 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 -29.86% during the next 3 months and, with a 90% probability hold a price between $0.0004 and $0.0009 at the end of this 3-month period.
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EPAZ Signals & Forecast
There are mixed signals in the stock today. The Epazz 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 $0.0009 and $0.0009. A break-up above any of these levels will issue buy signals. 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. A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 21.43%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Epazz Inc stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0008 and $0.0007. 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, Epazz Inc finds support just below today's level at $0.0008. If this is broken, then the next support from accumulated volume will be at $0.0007 and $0.0007.
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 $0.0002 between high and low, or 28.57%. For the last week the stock has had daily average volatility of 24.00%.
Our recommended stop-loss: $0.0008 (-3.76%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (EPAZ) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Epazz Inc to open at $0.0008, and during the day (based on 14 day Average True Range), to move between $0.0007 and $0.0010, which gives a possible trading interval of +/-$0.0002 (+/-20.90%) up or down from last closing price. If Epazz Inc takes out the full calculated possible swing range there will be an estimated 41.80% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0008 (5.88%) than the resistance at $0.0009 (5.88%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Epazz Inc stock A Buy?
Epazz Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.162 Hold/Accumulate Unchanged
Predicted Opening Price for Epazz Inc of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $0.0008 ( 3.92%) | $0.0009 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EPAZ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0010 | 19.61 % | |
| R2 | 0.0009 | 10.62 % | ||
| R1 | 0.0009 | 5.07 % | ||
| Current price: | 0.0009 | |||
| Support | S1 | 0.0007 | -12.91 % | |
| S2 | 0.0007 | -18.46 % | ||
| S3 | 0.0006 | -27.45 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0010 | 17.65 % | |
| R2 | 0.0010 | 11.76 % | ||
| R1 | 0.0009 | 5.88 % | ||
| Current price | 0.0009 | |||
| Support | S1 | 0.0008 | -5.88% | |
| S2 | 0.0007 | -16.12% | ||
| S3 | 0.0007 | -17.65% |
FAQ
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