DeFiner USD Stock Forecast
Big movements in DeFiner USD stock price on Tuesday moving 15.07% between high and low
(Updated on Jun 25, 2024)
The DeFiner USD stock price gained 13.37% on the last trading day (Tuesday, 25th Jun 2024), rising from $0.0006 to $0.0007. During the last trading day the stock fluctuated 15.07% 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 0.88% gain 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, 23 thousand more shares were traded than the day before. In total, 171 thousand shares were bought and sold for approximately $117.18 .
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.0005 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -16.27% during the next 3 months and, with a 90% probability hold a price between $0.0004 and $0.0016 at the end of this 3-month period.
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FINUSD Signals & Forecast
There are mixed signals in the stock today. The DeFiner 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 $0.0007. On a fall, the stock will find some support from the short-term average at $0.0007. 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. A sell signal was issued from a pivot top point on Thursday, April 04, 2024, and so far it has fallen -69.26%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). DeFiner 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 DeFiner USD stock
DeFiner USD finds support from accumulated volume at $0.0007 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 $0.000091 between high and low, or 15.07%. For the last week, the stock has had daily average volatility of 9.81%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (FINUSD) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect DeFiner USD to open at $0.0007, and during the day (based on 14 day Average True Range), to move between $0.0006 and $0.0008, which gives a possible trading interval of +/-$0.00007709 (+/-11.22%) up or down from last closing price. If DeFiner USD takes out the full calculated possible swing range there will be an estimated 22.44% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0007 (0.87%) than the resistance at $0.0007 (5.24%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is DeFiner USD stock A Buy?
DeFiner USD holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -2.743 Sell Candidate Unchanged
Predicted Opening Price for DeFiner USD of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $0.0007 ( 3.64%) | $0.0007 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FINUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0008 | 9.61% |
| R2 | 0.0007 | 4.55% |
| R1 | 0.0007 | 1.42% |
| Price | 0.0007 | |
| S1 | 0.0006 | -8.70% |
| S2 | 0.0006 | -11.83% |
| S3 | 0.0006 | -16.89% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0007 | 8.30% |
| R2 | 0.0007 | 8.01% |
| R1 | 0.0007 | 5.24% |
| Price | 0.0007 | |
| S1 | 0.0007 | -0.87% |
| S2 | 0.0007 | -3.35% |
| S3 | 0.0007 | -3.93% |
FAQ
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