1812 Brewing Company Inc. Stock Forecast
Big movements in 1812 Brewing Company Inc. stock price on Friday moving 100.00% between high and low
(Updated on May 03, 2024)
No changes to the price of 1812 Brewing Company Inc. stock on the last trading day (Friday, 3rd May 2024). During the last trading day the stock fluctuated 100.00% from a day low at $0.00005 to a day high of $0.0001. The price has been going up and down for this period, and there has been a 100% gain for the last 2 weeks.
The stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $0.00009961, a level that may pose a second chance to hit a runner. According to fan-theory $0.0002 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. 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.
KEGS Signals & Forecast
The 1812 Brewing Company Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $0.00008586 and $0.00008863. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, May 02, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for 1812 Brewing Company 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 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 $0.00005 between high and low, or 100.00%. For the last week, the stock has had daily average volatility of 4,200.00%.
Our recommended stop-loss: $0.000096 (-4.00%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (KEGS) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect 1812 Brewing Company Inc. to open at $0.00008333, and during the day (based on 14 day Average True Range), to move between $0.00001587 and $0.0002, which gives a possible trading interval of +/-$0.00008413 (+/-84.13%) up or down from last closing price. If 1812 Brewing Company Inc. takes out the full calculated possible swing range there will be an estimated 168.27% move between the lowest and the highest trading price during the day.
Is 1812 Brewing Company Inc. stock A Buy?
1812 Brewing Company Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.784 Hold/Accumulate Unchanged
Predicted Opening Price for 1812 Brewing Company Inc. of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $0.00008333 ( 16.67%) | $0.0001 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KEGS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0001 | 33.33 % | |
| R2 | 0.0001 | 14.23 % | ||
| R1 | 0.0001 | 2.43 % | ||
| Current price: | 0.0001 | |||
| Support | S1 | 0.00006423 | -35.77 % | |
| S2 | 0.00005243 | -47.57 % | ||
| 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
Click here for our free guide on how to buy 1812 Brewing Company Inc. Stock.
