Healthier Choices Management Stock Forecast

High volatility in Healthier Choices Management stock price on Friday which ended trading at $0.000001
(Updated on Apr 26, 2024)

HCMC Signals & Forecast

There are few to no technical positive signals at the moment. The Healthier Choices Management 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 $0.00002214 and $0.00004354. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, April 18, 2024, and so far it has fallen -99.00%. 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). 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.

Support, Risk & Stop-loss for Healthier Choices Management 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 periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.000099 between high and low, or 9,900.00%. For the last week the stock has had daily average volatility of 9,900.00%.

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

Trading Expectations (HCMC) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect Healthier Choices Management Corp to open at $0.000034, and during the day (based on 14 day Average True Range), to move between -$0.00009769 and $0.00009969, which gives a possible trading interval of +/-$0.00009869 (+/-9 868.54%) up or down from last closing price. If Healthier Choices Management Corp takes out the full calculated possible swing range there will be an estimated 19 737.08% move between the lowest and the highest trading price during the day.

Is Healthier Choices Management Corp stock A Buy?

Healthier Choices Management 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -4.516 Sell Candidate Upgraded

Predicted Opening Price for Healthier Choices Management Corp of Monday, April 29, 2024

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