RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GPLS
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Big movements in Geopulse Exploration, Inc. stock price on Wednesday moving 26.25% between high and low
(Updated on May 01, 2024)

Buy or Hold candidate since Apr 11, 2024 Loss -1.84% PDF

The Geopulse Exploration, Inc. stock price gained 0.628% on the last trading day (Wednesday, 1st May 2024), rising from $0.0478 to $0.0481. During the last trading day the stock fluctuated 26.25% from a day low at $0.0381 to a day high of $0.0481. The price has fallen in 5 of the last 10 days and is down by -3.22% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 12 thousand more shares were traded than the day before. In total, 24 thousand shares were bought and sold for approximately $1.13 thousand.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 118.59% during the next 3 months and, with a 90% probability hold a price between $0.0683 and $0.221 at the end of this 3-month period.

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GPLS Signals & Forecast

The Geopulse Exploration, Inc. 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 $0.0474 and $0.0331. A breakdown below any of these levels will issue sell signals. Geopulse Exploration, Inc. 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. A sell signal was issued from a pivot top point on Wednesday, April 03, 2024, and so far it has fallen -42.26%. 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 Geopulse Exploration, Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.0440 and $0.0399. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Geopulse Exploration, Inc. finds support just below today's level at $0.0440. If this is broken, then the next support from accumulated volume will be at $0.0399 and $0.0398.

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 $0.0100 between high and low, or 26.25%. For the last week, the stock has had daily average volatility of 10.62%.

Our recommended stop-loss: $0.0462 (-4.02%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 20 days ago.)

Trading Expectations (GPLS) For The Upcoming Trading Day Of Thursday 2nd

For the upcoming trading day on Thursday, 2nd we expect Geopulse Exploration, Inc. to open at $0.0448, and during the day (based on 14 day Average True Range), to move between $0.0375 and $0.0587, which gives a possible trading interval of +/-$0.0106 (+/-22.02%) up or down from last closing price. If Geopulse Exploration, Inc. takes out the full calculated possible swing range there will be an estimated 44.04% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.0497 (3.33%) than the support at $0.0440 (8.52%), 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 Geopulse Exploration, Inc. 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 Geopulse Exploration, Inc. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 4.786 Buy Candidate Upgraded

Predicted Opening Price for Geopulse Exploration, Inc. of Thursday, May 2, 2024

Fair opening price May 2, 2024 Current price
$0.0448 ( 6.93%) $0.0481

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

Trading levels for GPLS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0548 13.86 %
R2 0.0509 5.92 %
R1 0.0486 1.01 %
Current price: 0.0481
Support S1 0.0409 -14.87 %
S2 0.0386 -19.78 %
S3 0.0348 -27.72 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.0550 14.35 %
R2 0.0500 3.95 %
R1 0.0497 3.33 %
Current price 0.0481
Support S1 0.0440 -8.52%
S2 0.0399 -17.05%
S3 0.0398 -17.26%

FAQ

What is the symbol for Geopulse Exploration, Inc. Stock and on which exchange is it traded?
The symbol for Geopulse Exploration, Inc. is GPLS and it is traded on the PINK (Pink Sheets).

Should I buy or sell Geopulse Exploration, Inc. Stock?
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 Geopulse Exploration, Inc. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Geopulse Exploration, Inc. Stock?
Geopulse Exploration, Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Geopulse Exploration, Inc. Stock.

What's the current price of Geopulse Exploration, Inc. Stock?
As of the end of day on the May 01, 2024, the price of an Geopulse Exploration, Inc. (GPLS) share was $0.0481.

What is the 52-week high and low for Geopulse Exploration, Inc. Stock?
The 52-week high for Geopulse Exploration, Inc. Stock is $0.0833 and the 52-week low is $0.0032.

What is the market capitalization of Geopulse Exploration, Inc. Stock?
As of the May 01, 2024, the market capitalization of Geopulse Exploration, Inc. is 7.217M.
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About Geopulse Exploration, Inc.

Geopulse Exploration, Inc. develops blockchain-powered logistics, financial services, and promotion platform for United States and Canadian cannabis sector. The company has a strategic development partnership with NetCents Technology Inc. The company was founded in 2004 and is based in Los Angeles, California.... GPLS Profile

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