EYES Protocol USD Stock Forecast

High volatility in EYES Protocol USD stock price on Saturday which ended trading at $0.0002
(Updated on Jun 29, 2024)

EYESUSD 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 EYES Protocol USD stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $0.0003 and $0.0003. 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 -55.41%. Further fall is indicated until a new bottom pivot has been found. 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.

Support, Risk & Stop-loss for EYES Protocol USD stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.0002 and $0.0002. 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, EYES Protocol USD finds support just below today's level at $0.0002. If this is broken, then the next support from accumulated volume will be at $0.0002 and $0.0002.

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 91.09%. For the last week the stock has had daily average volatility of 142.21%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (EYESUSD) For The Upcoming Trading Day Of Sunday 30th

For the upcoming trading day on Sunday, 30th we expect EYES Protocol USD to open at $0.0003, and during the day (based on 14 day Average True Range), to move between $0.00005818 and $0.0003, which gives a possible trading interval of +/-$0.0001 (+/-71.20%) up or down from last closing price. If EYES Protocol USD takes out the full calculated possible swing range there will be an estimated 142.40% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0002 (5.45%) than the resistance at $0.0002 (10.89%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is EYES Protocol USD stock A Buy?

EYES Protocol USD 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Strong Sell candidate.

Current score: -6.372 Strong Sell Candidate Downgraded

Predicted Opening Price for EYES Protocol USD of Sunday, June 30, 2024

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