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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of IBGR
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High volatility in Nexus Energy Services, Inc. stock price on Tuesday which ended trading at $0.0065
(Updated on Jun 25, 2024)

Buy or Hold candidate since Jun 21, 2024 Loss -17.72% PDF

The Nexus Energy Services, Inc. stock price fell by -17.72% on the last day (Tuesday, 25th Jun 2024) from $0.0079 to $0.0065. During the last trading day the stock fluctuated 29.51% from a day low at $0.0061 to a day high of $0.0079. The price has fallen in 4 of the last 10 days but is still up by 8.33% over the past 2 weeks. Volume has increased on the last day by 420 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 420 thousand shares were bought and sold for approximately $2.73 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -28.91% during the next 3 months and, with a 90% probability hold a price between $0.0032 and $0.0065 at the end of this 3-month period.

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IBGR Signals & Forecast

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. The Nexus Energy Services, Inc. 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 $0.0071 and $0.0075. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen -17.72%. Further fall is indicated until a new bottom pivot has been found. Nexus Energy Services, Inc. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Nexus Energy Services, Inc. stock

Nexus Energy Services, Inc. finds support from accumulated volume at $0.0063 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $0.0018 between high and low, or 29.51%. For the last week, the stock has had daily average volatility of 12.23%.

Our recommended stop-loss: $0.0062 (-5.04%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (IBGR) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Nexus Energy Services, Inc. to open at $0.0068, and during the day (based on 14 day Average True Range), to move between $0.0055 and $0.0075, which gives a possible trading interval of +/-$0.0010 (+/-15.96%) up or down from last closing price. If Nexus Energy Services, Inc. takes out the full calculated possible swing range there will be an estimated 31.93% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0063 (3.08%) than the resistance at $0.0075 (15.38%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Nexus Energy Services, Inc. stock A Buy?

Nexus Energy Services, Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Nexus Energy Services, Inc. of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
$0.0068 ( 5.13%) $0.0065

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

Trading levels for IBGR

Fibonacci Support & Resistance Levels

Level Price
R3 0.0086 32.82%
R2 0.0079 22.24%
R1 0.0075 15.71%
Price 0.0065
S1 0.0061 -5.45%
S2 0.0057 -11.99%
S3 0.0050 -22.56%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.0080 23.46%
R2 0.0080 23.08%
R1 0.0075 15.38%
Price 0.0065
S1 0.0063 -3.08%
S2 0.0062 -4.62%
S3 0.0051 -21.54%

FAQ

What is the symbol for Nexus Energy Services, Inc. Stock and on which exchange is it traded?
The symbol for Nexus Energy Services, Inc. is IBGR and it is traded on the PINK (Pink Sheets).

Should I buy or sell Nexus Energy Services, Inc. Stock?
Nexus Energy Services, Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Nexus Energy Services, Inc. Stock?
Nexus Energy Services, Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Nexus Energy Services, Inc. Stock.

What's the current price of Nexus Energy Services, Inc. Stock?
As of the end of day on the Jun 25, 2024, the price of an Nexus Energy Services, Inc. (IBGR) share was $0.0065.

What is the 52-week high and low for Nexus Energy Services, Inc. Stock?
The 52-week high for Nexus Energy Services, Inc. Stock is $0.0689 and the 52-week low is $0.0041.

What is the market capitalization of Nexus Energy Services, Inc. Stock?
As of the Jun 25, 2024, the market capitalization of Nexus Energy Services, Inc. is 1.762K.
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About Nexus Energy Services, Inc.

Nexus Energy Services. Nexus Energy Services, Inc. operates as an application development company. The company was founded in 2014 and is based in Henderson, Nevada.... IBGR Profile

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