Kaya Holdings Stock Forecast

Volatile ride for Kaya Holdings stock price on Monday moving between $0.0310 and $0.0427
(Updated on May 06, 2024)

KAYS 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 Kaya Holdings stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $0.0406 and $0.0364. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, April 30, 2024, and so far it has fallen -33.80%. Further fall is indicated until a new bottom pivot has been found. Kaya Holdings 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 Kaya Holdings stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.0292 and $0.0280. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.0280 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 $0.0117 between high and low, or 37.74%. For the last week, the stock has had daily average volatility of 12.82%.

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

Trading Expectations (KAYS) For The Upcoming Trading Day Of Tuesday 7th

For the upcoming trading day on Tuesday, 7th we expect Kaya Holdings to open at $0.0349, and during the day (based on 14 day Average True Range), to move between $0.0268 and $0.0352, which gives a possible trading interval of +/-$0.0042 (+/-13.63%) up or down from last closing price. If Kaya Holdings takes out the full calculated possible swing range there will be an estimated 27.27% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0292 (5.81%) than the resistance at $0.0360 (16.13%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Kaya Holdings stock A Buy?

Kaya Holdings 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: -7.200 Strong Sell Candidate Unchanged

Predicted Opening Price for Kaya Holdings of Tuesday, May 7, 2024

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