Hoppy 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
Big movements in Hoppy USD stock price on Tuesday moving 143.70% between high and low
(Updated on Jul 02, 2024)
The Hoppy USD stock price gained 193.00% on the last trading day (Tuesday, 2nd Jul 2024), rising from $0.00000000 to $0.00000000. During the last trading day the stock fluctuated 143.70% from a day low at $0.00000000 to a day high of $0.00000000. The price has risen in 6 of the last 10 days and is up by 202.26% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 228 thousand more shares were traded than the day before. In total, 245 thousand shares were bought and sold for approximately $0.0007 .
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 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. Hoppy 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. 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 Monday, June 17, 2024, and so far it has fallen -25.40%. 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).
Support, Risk & Stop-loss for Hoppy USD stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.00000000. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the stock price.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.00000000 between high and low, or 143.70%. For the last week, the stock has had daily average volatility of 53.21%.
Our recommended stop-loss: $0.00000000 (-5.94%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 32 days ago.)
Trading Expectations (HOPPYUSD) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd 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 (+/-18.57%) up or down from last closing price. If Hoppy USD takes out the full calculated possible swing range there will be an estimated 37.14% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $0.00000000, some $0.00000000 (9.00%) from the current price of $0.00000000, our system finds the risk reward attractive.
Is Hoppy USD stock A Buy?
Hoppy USD holds several positive signals and is considered to be a good choice at current levels. We expect the Hoppy USD stock to perform great in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Strong Buy candidate.
Current score: 5.696 Strong Buy Candidate Upgraded
Predicted Opening Price for Hoppy USD of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $0.00000000 ( 10.97%) | $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 | 58.90% |
| R2 | 0.00000000 | 32.21% |
| R1 | 0.00000000 | 15.72% |
| Price | 0.00000000 | |
| S1 | 0.00000000 | -37.65% |
| S2 | 0.00000000 | -54.14% |
| S3 | 0.00000000 | -80.83% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 0.00000000 | |
| S1 | 0.00000000 | -9.00% |
| S2 | 0 | - |
| S3 | 0 | - |
FAQ
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