Kittens & Puppies USD Stock Forecast

Kittens & Puppies USD stock price down 2.35% on Thursday
(Updated on Jun 20, 2024)

KAPUSD 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 Kittens & Puppies USD 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 $0.0802 and $0.143. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 21, 2024, and so far it has fallen -72.39%. Further fall is indicated until a new bottom pivot has been found. Kittens & Puppies USD 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 Kittens & Puppies USD stock

Kittens & Puppies USD finds support from accumulated volume at $0.0722 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 $0.0033 between high and low, or 4.48%. For the last week, the stock has had daily average volatility of 6.99%.

Kittens & Puppies USD is oversold on RSI14 (15). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (KAPUSD) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect Kittens & Puppies USD to open at $0.0745, and during the day (based on 14 day Average True Range), to move between $0.0631 and $0.0843, which gives a possible trading interval of +/-$0.0106 (+/-14.42%) up or down from last closing price. If Kittens & Puppies USD takes out the full calculated possible swing range there will be an estimated 28.84% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0722 (2.08%) than the resistance at $0.0777 (5.39%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Kittens & Puppies USD stock A Buy?

The Kittens & Puppies USD stock holds several negative signals and despite the positive trend, we believe Kittens & Puppies USD will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.753 Sell Candidate Unchanged

Predicted Opening Price for Kittens & Puppies USD of Friday, June 21, 2024

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