Gera Coin USD Stock Forecast
Red day on Friday for Gera Coin USD
(Updated on Jun 28, 2024)
The Gera Coin USD stock price fell by -2.96% on the last day (Friday, 28th Jun 2024) from $0.0003 to $0.0003. During the last trading day the stock fluctuated 4.07% from a day low at $0.0003 to a day high of $0.0003. The price has been going up and down for this period, and there has been a 46.04% gain for the last 2 weeks. Volume has increased on the last day by 42 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 48 shares were bought and sold for approximately $0.0142 .
The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $0.0003 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 105.45% during the next 3 months and, with a 90% probability hold a price between $0.0002 and $0.0006 at the end of this 3-month period.
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GERAUSD Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, June 27, 2024, and so far it has fallen -2.96%. 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). Gera Coin USD gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued. The Gera Coin USD stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.0002 and $0.0002. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for Gera Coin USD stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 $0.000012 between high and low, or 4.07%. For the last week, the stock has had daily average volatility of 15.19%.
Our recommended stop-loss: $0.0003 (-4.44%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 58 days ago.)
Trading Expectations (GERAUSD) For The Upcoming Trading Day Of Saturday 29th
For the upcoming trading day on Saturday, 29th we expect Gera Coin USD to open at $0.0003, and during the day (based on 14 day Average True Range), to move between $0.0003 and $0.0003, which gives a possible trading interval of +/-$0.00001458 (+/-4.94%) up or down from last closing price. If Gera Coin USD takes out the full calculated possible swing range there will be an estimated 9.88% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $0.0003, some $0.000007 (2.37%) from the current price of $0.0003, our system finds the risk reward not very attractive.
Is Gera Coin USD stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Gera Coin USD stock to perform well in the short-term.
Current score: 1.192 Buy Candidate Unchanged
Predicted Opening Price for Gera Coin USD of Saturday, June 29, 2024
| Fair opening price June 29, 2024 | Current price |
|---|---|
| $0.0003 ( 1.36%) | $0.0003 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GERAUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0003 | 5.42% |
| R2 | 0.0003 | 3.87% |
| R1 | 0.0003 | 2.91% |
| Price | 0.0003 | |
| S1 | 0.0003 | -0.198% |
| S2 | 0.0003 | -1.16% |
| S3 | 0.0003 | -2.71% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0.0003 | 3.05% |
| R1 | 0.0003 | 2.37% |
| Price | 0.0003 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
FAQ
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