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Healthier Choices Management Corp Stock Forecast PINK:HCMC

$0.0005 (-16.67%)

Volume: 904M

Closed: September 28, 2021

Score: -6.195

Healthier Choices Management Corp Stock Forecast

$0.0005 (-16.67%)

Volume: 904M

Closed: September 28, 2021

Score -6.195
Which way will HCMC go? Request

HCMC Stock Risk

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.0001 between high and low, or 20.00%. For the last week the stock has had a daily average volatility of 24.00%.

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

Overall risk:

Very Low Low Medium High Very High

* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 80 ] The Healthier Choices Management Corp stock currently holds an RSI14 at 20 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Big movements in Healthier Choices Management Corp stock price on Tuesday moving 20.00% between high and low
(Updated on September 28, 2021)


Sell candidate since 2021-08-11 Loss -44.44%

The Healthier Choices Management Corp stock price fell by -16.67% on the last day (Tuesday, 28th Sep 2021) from $0.0006 to $0.0005. During the day the stock fluctuated 20.00% from a day low at $0.0005 to a day high of $0.0006. The price has been going up and down for this period, and there has been a -16.67% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -85 million shares and in total, 904 million shares were bought and sold for approximately $451.89 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -41.09% during the next 3 months and, with a 90% probability hold a price between $0.0001 and $0.0004 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Healthier Choices Management Corp 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 $0.0006 and $0.0007. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, August 10, 2021, and so far it has fallen -50.00%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss

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 much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.0001 between high and low, or 20.00%. For the last week the stock has had a daily average volatility of 24.00%.

Healthier Choices Management Corp 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 an negative evaluation for this stock. No stop-loss is set.

Is Healthier Choices Management Corp stock A Buy?

Healthier Choices Management Corp 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

Current score: -6.195

Predicted Opening Price for Healthier Choices Management Corp of Wednesday, September 29, 2021

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

Fair opening price September 29, 2021 Current price
$0.0005 $0.0005 (Undervalued)
Strong Sell Candidate Downgraded

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Volatility and Risk
Daily Average Volatility: 24.00 %
Overall Risk: Very High High Medium Low Very Low
Volatility
24.00 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $0.0006
Price: $0.0005
No Support Found

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 0.0006 26.67 %
0.0006 19.03 %
0.0006 14.31 %
Current price: 0.0005
Support 0.0005 -0.97 %
0.0005 -5.69 %
0.0004 -13.33 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 0 .
0.0006 20.00 %
0.0006 10.00 %
Current price 0.0005
Support 0 .
0 .
0 .

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