Anything Technologies Media, Inc. Stock Forecast
High volatility in Anything Technologies Media, Inc. stock price on Friday which ended trading at $0.0006
(Updated on Jun 28, 2024)
The Anything Technologies Media, Inc. stock price fell by -25.00% on the last day (Friday, 28th Jun 2024) from $0.0008 to $0.0006. During the last trading day the stock fluctuated 16.67% from a day low at $0.0006 to a day high of $0.0007. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks. Volume has increased on the last day by 1000 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, 1 000 thousand shares were bought and sold for approximately $600.00 .
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 -21.28% during the next 3 months and, with a 90% probability hold a price between $0.0003 and $0.0006 at the end of this 3-month period.
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EXMT 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 Anything Technologies Media, 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 $0.0007 and $0.0007. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 27, 2024, and so far it has fallen -25.00%. Further fall is indicated until a new bottom pivot has been found. Anything Technologies Media, 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 Anything Technologies Media, Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0005. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the stock price.
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 $0.0001 between high and low, or 16.67%. For the last week, the stock has had daily average volatility of 6.19%.
Our recommended stop-loss: $0.0006 (-5.00%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (EXMT) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Anything Technologies Media, Inc. to open at $0.0006, and during the day (based on 14 day Average True Range), to move between $0.0005 and $0.0007, which gives a possible trading interval of +/-$0.00007750 (+/-12.92%) up or down from last closing price. If Anything Technologies Media, Inc. takes out the full calculated possible swing range there will be an estimated 25.83% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.0007 (8.33%) than the support at $0.0005 (16.67%), 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 Anything Technologies Media, Inc. stock A Buy?
Anything Technologies Media, Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Anything Technologies Media, Inc. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $0.0006 ( 5.56%) | $0.0006 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EXMT
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0007 | 22.22% |
| R2 | 0.0007 | 15.86% |
| R1 | 0.0007 | 11.92% |
| Price | 0.0006 | |
| S1 | 0.0006 | -0.81% |
| S2 | 0.0006 | -4.74% |
| S3 | 0.0005 | -11.11% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0.0007 | 16.67% |
| R1 | 0.0007 | 8.33% |
| Price | 0.0006 | |
| S1 | 0.0005 | -16.67% |
| S2 | 0 | - |
| S3 | 0 | - |
FAQ
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