4THPILLAR TECHNOLOGIES USD Stock Forecast
4THPILLAR TECHNOLOGIES USD stock upgraded to Sell Candidate.
(Updated on Jun 28, 2024)
The 4THPILLAR TECHNOLOGIES USD stock price fell by -0.133% on the last day (Friday, 28th Jun 2024) from $0.0023 to $0.0023. During the last trading day the stock fluctuated 0.133% from a day low at $0.0023 to a day high of $0.0023. The price has fallen in 5 of the last 10 days and is down by -9.72% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -1 thousand shares and in total, 84 shares were bought and sold for approximately $0.190 .
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 -62.21% during the next 3 months and, with a 90% probability hold a price between $0.0007 and $0.0011 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
FOURUSD Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, June 24, 2024, and so far it has risen 3.30%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The 4THPILLAR TECHNOLOGIES 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 $0.0027. On a fall, the stock will find some support from the short-term average at $0.0023. 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. 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 4THPILLAR TECHNOLOGIES USD stock
4THPILLAR TECHNOLOGIES USD finds support from accumulated volume at $0.0022 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 much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.000003 between high and low, or 0.133%. For the last week the stock has had daily average volatility of 2.74%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (FOURUSD) For The Upcoming Trading Day Of Saturday 29th
For the upcoming trading day on Saturday, 29th we expect 4THPILLAR TECHNOLOGIES USD to open at $0.0023, and during the day (based on 14 day Average True Range), to move between $0.0021 and $0.0024, which gives a possible trading interval of +/-$0.0002 (+/-7.07%) up or down from last closing price. If 4THPILLAR TECHNOLOGIES USD takes out the full calculated possible swing range there will be an estimated 14.13% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.0023 (0.84%) than the support at $0.0022 (1.20%), 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 4THPILLAR TECHNOLOGIES USD stock A Buy?
4THPILLAR TECHNOLOGIES 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.
Current score: -2.318 Sell Candidate Upgraded
Predicted Opening Price for 4THPILLAR TECHNOLOGIES USD of Saturday, June 29, 2024
| Fair opening price June 29, 2024 | Current price |
|---|---|
| $0.0023 ( 0.0443%) | $0.0023 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FOURUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0023 | 0.177% |
| R2 | 0.0023 | 0.127% |
| R1 | 0.0023 | 0.0951% |
| Price | 0.0023 | |
| S1 | 0.0023 | -0.0065% |
| S2 | 0.0023 | -0.0379% |
| S3 | 0.0023 | -0.0887% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0027 | 21.28% |
| R2 | 0.0027 | 18.97% |
| R1 | 0.0023 | 0.84% |
| Price | 0.0023 | |
| S1 | 0.0022 | -1.20% |
| S2 | 0.0022 | -3.19% |
| S3 | 0 | - |
FAQ
Click here for our free guide on how to buy 4THPILLAR TECHNOLOGIES USD Stock.
