Image Protect, Inc. Stock Forecast
High volatility in Image Protect, Inc. stock price on Friday which ended trading at $0.0001
(Updated on May 17, 2024)
No changes to the price of Image Protect, Inc. stock on the last trading day (Friday, 17th May 2024). During the last trading day the stock fluctuated 100.00% from a day low at $0.0001 to a day high of $0.0002. The price has been going up and down for this period, and there has been a -50% loss for the last 2 weeks.
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 -27.31% during the next 3 months and, with a 90% probability hold a price between $0.00003288 and $0.0001 at the end of this 3-month period.
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IMTL Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, May 16, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Image Protect, 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 $0.0002 and $0.0002. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Image Protect, Inc. 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 may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.0001 between high and low, or 100.00%. For the last week the stock has had daily average volatility of 90.00%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (IMTL) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Image Protect, Inc. to open at $0.0001, and during the day (based on 14 day Average True Range), to move between -$0.00000374 and $0.0002, which gives a possible trading interval of +/-$0.0001 (+/-103.74%) up or down from last closing price. If Image Protect, Inc. takes out the full calculated possible swing range there will be an estimated 207.49% move between the lowest and the highest trading price during the day.
Is Image Protect, Inc. stock A Buy?
Image Protect, Inc. 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: -3.597 Sell Candidate Unchanged
Predicted Opening Price for Image Protect, Inc. of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| $0.0001 ( 33.33%) | $0.0001 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IMTL
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0002 | 133.33 % | |
| R2 | 0.0002 | 95.13 % | ||
| R1 | 0.0002 | 71.53 % | ||
| Current price: | 0.0001 | |||
| Support | S1 | 0.00009513 | -4.87 % | |
| S2 | 0.00007153 | -28.47 % | ||
| S3 | 0.00003333 | -66.67 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 0.0001 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
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