Epillo USD Stock Forecast
Green day on Friday for Epillo USD
(Updated on Jun 28, 2024)
The Epillo USD stock price gained 0.711% on the last trading day (Friday, 28th Jun 2024), rising from $0.193 to $0.194. During the last trading day the stock fluctuated 3.98% from a day low at $0.189 to a day high of $0.197. The price has been going up and down for this period, and there has been a -0.49% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 thousand more shares were traded than the day before. In total, 370 thousand shares were bought and sold for approximately $71.86 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 -45.44% during the next 3 months and, with a 90% probability hold a price between $0.0635 and $0.121 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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EPILLOUSD Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, June 26, 2024, and so far it has risen 3.36%. 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). Epillo 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Epillo USD stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.206. On a fall, the stock will find some support from the short-term average at $0.193. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.
Support, Risk & Stop-loss for Epillo USD stock
Epillo USD finds support from accumulated volume at $0.193 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0075 between high and low, or 3.98%. For the last week the stock has had daily average volatility of 4.26%.
Our recommended stop-loss: $0.184 (-5.05%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 35 days ago.)
Trading Expectations (EPILLOUSD) For The Upcoming Trading Day Of Saturday 29th
For the upcoming trading day on Saturday, 29th we expect Epillo USD to open at $0.194, and during the day (based on 14 day Average True Range), to move between $0.186 and $0.202, which gives a possible trading interval of +/-$0.0081 (+/-4.18%) up or down from last closing price. If Epillo USD takes out the full calculated possible swing range there will be an estimated 8.37% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.193 (0.36%) than the resistance at $0.196 (1.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Epillo USD stock A Buy?
Epillo USD 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: 0.047 Hold/Accumulate Unchanged
Predicted Opening Price for Epillo USD of Saturday, June 29, 2024
| Fair opening price June 29, 2024 | Current price |
|---|---|
| $0.194 ( 0.347%) | $0.194 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EPILLOUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.201 | 3.54% |
| R2 | 0.198 | 2.05% |
| R1 | 0.196 | 1.14% |
| Price | 0.194 | |
| S1 | 0.191 | -1.83% |
| S2 | 0.189 | -2.75% |
| S3 | 0.186 | -4.23% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.198 | 1.85% |
| R2 | 0.196 | 1.16% |
| R1 | 0.196 | 1.02% |
| Price | 0.194 | |
| S1 | 0.193 | -0.360% |
| S2 | 0.193 | -0.381% |
| S3 | 0.193 | -0.561% |
FAQ
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