Epic Cash USD Stock Forecast

Big movements in Epic Cash USD stock price on Friday moving 23.70% between high and low
(Updated on Jun 28, 2024)

EPICUSD Signals & Forecast

Mostly positive signals in the chart today. The Epic Cash USD stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.398 and $0.300. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, May 28, 2024, and so far it has risen 97.12%. 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). Epic Cash USD has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Epic Cash USD stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.409 and $0.345. 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, Epic Cash USD finds support just below today's level at $0.409. If this is broken, then the next support from accumulated volume will be at $0.345 and $0.336.

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 $0.0931 between high and low, or 23.70%. For the last week, the stock has had daily average volatility of 26.58%.

Our recommended stop-loss: $0.421 (-3.56%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 38 days ago.)

Trading Expectations (EPICUSD) For The Upcoming Trading Day Of Saturday 29th

For the upcoming trading day on Saturday, 29th we expect Epic Cash USD to open at $0.438, and during the day (based on 14 day Average True Range), to move between $0.375 and $0.498, which gives a possible trading interval of +/-$0.0619 (+/-14.19%) up or down from last closing price. If Epic Cash USD takes out the full calculated possible swing range there will be an estimated 28.37% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $0.409, some $0.0273 (6.25%) from the current price of $0.437, our system finds the risk reward attractive.

Is Epic Cash USD stock A Buy?

Several short-term signals are positive and the stock has broke the rising trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for Epic Cash USD stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 8.089 Strong Buy Candidate Upgraded

Predicted Opening Price for Epic Cash USD of Saturday, June 29, 2024

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