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RSI low/high Values: [ 25 - 80 ]
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AI Analysis of HAPB.V
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Hapbee Technologies, Inc. stock downgraded to Hold/Accumulate
(Updated on May 17, 2024)

Buy or Hold candidate since Mar 25, 2024 Gain 122.22% PDF

No changes to the price of Hapbee Technologies, Inc. stock on the last trading day (Friday, 17th May 2024). During the last trading day the stock fluctuated 0% from a day low at $0.100 to a day high of $0.100. The price has been going up and down for this period, and there has been a -4.76% loss for the last 2 weeks.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.0892 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 133.22% during the next 3 months and, with a 90% probability hold a price between $0.208 and $0.343 at the end of this 3-month period.

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HAPB.V Signals & Forecast

The Hapbee Technologies, 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 $0.100 and $0.0971. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, May 09, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Monday, April 29, 2024 with a target of $0.107. Despite whether the objective of the signal formation has been reached the stock may continue to fall.

Support, Risk & Stop-loss for Hapbee Technologies, Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.0950 and $0.0900. 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, Hapbee Technologies, Inc. finds support just below today's level at $0.0950. If this is broken, then the next support from accumulated volume will be at $0.0900 and $0.0800.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock 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 1.05%

Our recommended stop-loss: $0.0935 (-6.50%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)

Trading Expectations (HAPB.V) For The Upcoming Trading Day Of Tuesday 21st

For the upcoming trading day on Tuesday, 21st we expect Hapbee Technologies, Inc. to open at $0.100, and during the day (based on 14 day Average True Range), to move between $0.0933 and $0.107, which gives a possible trading interval of +/-$0.0067 (+/-6.68%) up or down from last closing price. If Hapbee Technologies, Inc. takes out the full calculated possible swing range there will be an estimated 13.36% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.105 (5.00%) than the support at $0.0950 (5.00%), 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 Hapbee Technologies, Inc. stock A Buy?

Hapbee Technologies, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Hapbee Technologies, Inc. of Tuesday, May 21, 2024

Fair opening price May 21, 2024 Current price
$0.100 ( 0.00000000%) $0.100

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

Trading levels for HAPB.V

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.100 0.00000000 %
R2 0.100 0.00000000 %
R1 0.100 0.00000000 %
Current price: 0.100
Support S1 0.100 0.00000000 %
S2 0.100 0.00000000 %
S3 0.100 0.00000000 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.120 20.00 %
R2 0.110 10.00 %
R1 0.105 5.00 %
Current price 0.100
Support S1 0.0950 -5.00%
S2 0.0900 -10.00%
S3 0.0800 -20.00%

FAQ

What is the symbol for Hapbee Technologies, Inc. Stock and on which exchange is it traded?
The symbol for Hapbee Technologies, Inc. is HAPB.V and it is traded on the TSXV (Toronto Stock Exchange Ventures).

Should I buy or sell Hapbee Technologies, Inc. Stock?
Hapbee Technologies, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Hapbee Technologies, Inc. Stock?
Hapbee Technologies, 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 Hapbee Technologies, Inc. Stock.

What's the current price of Hapbee Technologies, Inc. Stock?
As of the end of day on the May 17, 2024, the price of an Hapbee Technologies, Inc. (HAPB.V) share was $0.100.

What is the 52-week high and low for Hapbee Technologies, Inc. Stock?
The 52-week high for Hapbee Technologies, Inc. Stock is $0.125 and the 52-week low is $0.0250.

What is the market capitalization of Hapbee Technologies, Inc. Stock?
As of the May 17, 2024, the market capitalization of Hapbee Technologies, Inc. is 14.548M.
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