Infracommerce CXaaS S.A. 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 Infracommerce CXaaS S.A. stock price on Friday moving 14.55% between high and low
(Updated on May 10, 2024)
The Infracommerce CXaaS S.A. stock price fell by -21.13% on the last day (Friday, 10th May 2024) from R$0.710 to R$0.560. During the last trading day the stock fluctuated 14.55% from a day low at R$0.550 to a day high of R$0.630. The price has fallen in 5 of the last 10 days and is down by -27.27% for this period. Volume has increased on the last day by 21 million 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, 31 million shares were bought and sold for approximately R$17.10 million.
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 -53.01% during the next 3 months and, with a 90% probability hold a price between R$0.220 and R$0.335 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
IFCM3.SA 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 Infracommerce CXaaS S.A. 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 R$0.706 and R$0.795. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, April 24, 2024, and so far it has fallen -29.11%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Infracommerce CXaaS S.A. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 R$0.0800 between high and low, or 14.55%. For the last week, the stock has had daily average volatility of 6.90%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (IFCM3.SA) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Infracommerce CXaaS S.A. to open at R$0.580, and during the day (based on 14 day Average True Range), to move between R$0.498 and R$0.622, which gives a possible trading interval of +/-R$0.0621 (+/-11.10%) up or down from last closing price. If Infracommerce CXaaS S.A. takes out the full calculated possible swing range there will be an estimated 22.20% move between the lowest and the highest trading price during the day.
Is Infracommerce CXaaS S.A. stock A Buy?
Infracommerce CXaaS S.A. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -4.730 Sell Candidate Unchanged
Predicted Opening Price for Infracommerce CXaaS S.A. of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| R$0.580 ( 3.57%) | R$0.560 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IFCM3.SA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.660 | 17.86 % | |
| R2 | 0.629 | 12.40 % | ||
| R1 | 0.611 | 9.03 % | ||
| Current price: | 0.560 | |||
| Support | S1 | 0.549 | -1.89 % | |
| S2 | 0.531 | -5.26 % | ||
| S3 | 0.500 | -10.71 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 0.560 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
Click here for our free guide on how to buy Infracommerce CXaaS S.A. Stock.
