GoWithMi USD Stock Forecast

GoWithMi USD stock price ended at $0.000053 on Friday, after losing 0%.
(Updated on Jun 28, 2024)

GMATUSD Signals & Forecast

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 GoWithMi 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 $0.000053 and $0.0000558. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 22, 2024, and so far it has fallen -18.46%. 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).

Support, Risk & Stop-loss for GoWithMi 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 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 $0.000001 between high and low, or 1.89%. For the last week, the stock has had daily average volatility of 0.755%.

GoWithMi USD is oversold on RSI14 (20). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Trading Expectations (GMATUSD) For The Upcoming Trading Day Of Saturday 29th

For the upcoming trading day on Saturday, 29th we expect GoWithMi USD to open at $0.00005333, and during the day (based on 14 day Average True Range), to move between $0.00005190 and $0.00005410, which gives a possible trading interval of +/-$0.00000110 (+/-2.07%) up or down from last closing price. If GoWithMi USD takes out the full calculated possible swing range there will be an estimated 4.15% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.000056, some $0.000003 (5.66%) from the current price of $0.000053, our system finds the risk reward not very attractive.

Is GoWithMi USD stock A Buy?

GoWithMi USD holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.422 Sell Candidate Unchanged

Predicted Opening Price for GoWithMi USD of Saturday, June 29, 2024

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