Heroes & Empires USD Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Green day on Friday for Heroes & Empires USD
(Updated on Jun 28, 2024)
The Heroes & Empires USD stock price gained 0.123% on the last trading day (Friday, 28th Jun 2024), rising from $0.0008 to $0.0008. During the last trading day the stock fluctuated 1.49% from a day low at $0.0008 to a day high of $0.0008. The price has fallen in 6 of the last 10 days and is down by -1.45% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 thousand more shares were traded than the day before. In total, 49 thousand shares were bought and sold for approximately $39.75 .
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.0008 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -18.63% during the next 3 months and, with a 90% probability hold a price between $0.0006 and $0.0008 at the end of this 3-month period.
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HEUSD Signals & Forecast
There are mixed signals in the stock today. The Heroes & Empires 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 $0.0008 and $0.0009. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Monday, June 24, 2024, and so far it has risen 0.246%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Heroes & Empires USD 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.
Support, Risk & Stop-loss for Heroes & Empires USD stock
Heroes & Empires USD finds support from accumulated volume at $0.0008 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 $0.000012 between high and low, or 1.49%. For the last week, the stock has had daily average volatility of 1.90%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (HEUSD) For The Upcoming Trading Day Of Saturday 29th
For the upcoming trading day on Saturday, 29th we expect Heroes & Empires USD to open at $0.0008, and during the day (based on 14 day Average True Range), to move between $0.0008 and $0.0008, which gives a possible trading interval of +/-$0.00002754 (+/-3.38%) up or down from last closing price. If Heroes & Empires USD takes out the full calculated possible swing range there will be an estimated 6.77% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0008 (0.12%) than the resistance at $0.0009 (9.09%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Heroes & Empires USD stock A Buy?
Heroes & Empires USD holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -4.406 Sell Candidate Unchanged
Predicted Opening Price for Heroes & Empires USD of Saturday, June 29, 2024
| Fair opening price June 29, 2024 | Current price |
|---|---|
| $0.0008 ( 0.0819%) | $0.0008 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HEUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0008 | 1.39% |
| R2 | 0.0008 | 0.83% |
| R1 | 0.0008 | 0.481% |
| Price | 0.0008 | |
| S1 | 0.0008 | -0.645% |
| S2 | 0.0008 | -0.99% |
| S3 | 0.0008 | -1.56% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0010 | 22.36% |
| R2 | 0.0010 | 21.87% |
| R1 | 0.0009 | 9.09% |
| Price | 0.0008 | |
| S1 | 0.0008 | -0.123% |
| S2 | 0.0008 | -0.246% |
| S3 | 0 | - |
FAQ
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