Hoppy USD Stock Forecast
Hoppy USD stock price down 0% on Monday
(Updated on Jun 17, 2024)
No changes to the price of Hoppy USD stock on the last trading day (Monday, 17th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.00000000 to a day high of $0.00000000. The price has fallen in 5 of the last 10 days but is still up by 64.62% over the past 2 weeks.
The stockis at the upper part of a very wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $0.00000000 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Hoppy USD stock with a 90% probability to be traded between $0.00000000 and $0.00000000 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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HOPPYUSD Signals & Forecast
The Hoppy USD 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 $0.00000000 and $0.00000000. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Sunday, June 16, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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 Hoppy USD stock
Hoppy USD finds support from accumulated volume at $0.00000000 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 36.62%
Our recommended stop-loss: $0.00000000 (-3.60%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 57 days ago.)
Trading Expectations (HOPPYUSD) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Hoppy USD to open at $0.00000000, and during the day (based on 14 day Average True Range), to move between $0.00000000 and $0.00000000, which gives a possible trading interval of +/-$0.00000000 (+/-12.89%) up or down from last closing price. If Hoppy USD takes out the full calculated possible swing range there will be an estimated 25.77% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.00000000 (3.86%) than the support at $0.00000000 (4.99%), 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 Hoppy USD stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Hoppy USD stock to perform well in the short-term period.
Current score: 1.158 Buy Candidate Unchanged
Predicted Opening Price for Hoppy USD of Tuesday, June 18, 2024
Fair opening price June 18, 2024 | Current price |
---|---|
$0.00000000 ( 0%) | $0.00000000 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HOPPYUSD
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.00000000 | - |
R2 | 0.00000000 | - |
R1 | 0.00000000 | - |
Price | 0.00000000 | |
S1 | 0.00000000 | - |
S2 | 0.00000000 | - |
S3 | 0.00000000 | - |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0 | - |
R2 | 0 | - |
R1 | 0.00000000 | 3.86% |
Price | 0.00000000 | |
S1 | 0.00000000 | -4.99% |
S2 | 0.00000000 | -17.63% |
S3 | 0.00000000 | -20.09% |
FAQ
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