Foxe USD Stock Forecast

On Tuesday, Foxe USD stock price gained an impressive 5.19%
(Updated on Jun 25, 2024)

FOXEUSD Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Foxe 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 Foxe USD 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 $0.00000000 and $0.00000000. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 21, 2024, and so far it has fallen -22.01%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Foxe USD stock

Foxe USD finds support from accumulated volume at $0.00000000 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.00000000 between high and low, or 5.19%. For the last week, the stock has had daily average volatility of 5.07%.

Our recommended stop-loss: $0.00000000 (-6.18%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 57 days ago.)

Trading Expectations (FOXEUSD) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Foxe USD to open at $0.00000000, and during the day (based on 14 day Average True Range), to move between $0.00000000 and $0.00000000, which gives a possible trading interval of +/-$0.00000000 (+/-3.34%) up or down from last closing price. If Foxe USD takes out the full calculated possible swing range there will be an estimated 6.68% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.00000000 (0.76%) than the resistance at $0.00000000 (7.30%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Foxe USD stock A Buy?

Foxe USD 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.703 Hold/Accumulate Upgraded

Predicted Opening Price for Foxe USD of Wednesday, June 26, 2024

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