Cypherpunk Holdings Inc. Stock Forecast
Cypherpunk Holdings Inc. stock price up 4.55% on Friday
(Updated on May 03, 2024)
The Cypherpunk Holdings Inc. stock price gained 4.55% on the last trading day (Friday, 3rd May 2024), rising from $0.110 to $0.115. During the last trading day the stock fluctuated 4.35% from a day low at $0.115 to a day high of $0.120. The price has risen in 4 of the last 10 days. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 13 thousand more shares were traded than the day before. In total, 21 thousand shares were bought and sold for approximately $2.36 thousand.
The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Cypherpunk Holdings Inc. stock with a 90% probability to be traded between $0.106 and $0.136 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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HODL.CN Signals & Forecast
There are mixed signals in the stock today. The Cypherpunk Holdings Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.117. On a fall, the stock will find some support from the short-term average at $0.114. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Thursday, April 04, 2024, and so far it has fallen -11.54%. 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). Cypherpunk Holdings 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.
Support, Risk & Stop-loss for Cypherpunk Holdings Inc. stock
Cypherpunk Holdings Inc. finds support from accumulated volume at $0.110 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 $0.0050 between high and low, or 4.35%. For the last week, the stock has had daily average volatility of 5.59%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (HODL.CN) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Cypherpunk Holdings Inc. to open at $0.117, and during the day (based on 14 day Average True Range), to move between $0.108 and $0.122, which gives a possible trading interval of +/-$0.0067 (+/-5.83%) up or down from last closing price. If Cypherpunk Holdings Inc. takes out the full calculated possible swing range there will be an estimated 11.65% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.120 (4.35%) than the support at $0.110 (4.35%), 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 Cypherpunk Holdings Inc. stock A Buy?
Cypherpunk Holdings Inc. 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: -2.076 Sell Candidate Unchanged
Predicted Opening Price for Cypherpunk Holdings Inc. of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $0.117 ( 1.45%) | $0.115 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HODL.CN
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.122 | 5.80 % | |
| R2 | 0.120 | 4.14 % | ||
| R1 | 0.119 | 3.11 % | ||
| Current price: | 0.115 | |||
| Support | S1 | 0.115 | -0.212 % | |
| S2 | 0.114 | -1.24 % | ||
| S3 | 0.112 | -2.90 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.135 | 17.39 % | |
| R2 | 0.130 | 13.04 % | ||
| R1 | 0.120 | 4.35 % | ||
| Current price | 0.115 | |||
| Support | S1 | 0.110 | -4.35% | |
| S2 | 0.105 | -8.70% | ||
| S3 | 0.100 | -13.04% |
HODL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Nov 18, 2016 | Nov 18, 2016 | Nov 18, 2016 | $0.85 | 2,833.33% |
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