Hashgard USD Stock Forecast

Hashgard USD stock price ended at $0.000012 on Thursday, after losing 0%.
(Updated on Jun 20, 2024)

GARDUSD Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, June 18, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". 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 Hashgard 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 $0.00001271 and $0.00001414. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Hashgard USD stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.000011 and $0.00001. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.00001 may give a huge drop in the stock price.

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 between high and low, or 0%. For the last week, the stock has had daily average volatility of 4.74%.

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

Trading Expectations (GARDUSD) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect Hashgard USD to open at $0.000012, and during the day (based on 14 day Average True Range), to move between $0.00001100 and $0.00001300, which gives a possible trading interval of +/-$0.00000100 (+/-8.34%) up or down from last closing price. If Hashgard USD takes out the full calculated possible swing range there will be an estimated 16.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.000013 (8.33%) than the support at $0.000011 (8.33%), 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 Hashgard USD stock A Buy?

The Hashgard USD stock holds several negative signals and despite the positive trend, we believe Hashgard USD will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.279 Sell Candidate Unchanged

Predicted Opening Price for Hashgard USD of Friday, June 21, 2024

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