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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of KTO.V
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K2 Gold Corporation stock price ended at $0.0950 on Friday, after losing 0%.
(Updated on Jun 14, 2024)

Sell candidate since Jun 13, 2024 PDF

No changes to the price of K2 Gold Corporation stock on the last trading day (Friday, 14th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0950 to a day high of $0.0950. The price has been going up and down for this period, and there has been a -13.64% loss for the last 2 weeks.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.0879 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -14.85% during the next 3 months and, with a 90% probability hold a price between $0.0748 and $0.130 at the end of this 3-month period.

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KTO.V Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, June 07, 2024, and so far it has risen 5.56%. Further rise is indicated until a new top pivot has been found. 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. The K2 Gold Corporation stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.112. On a fall, the stock will find some support from the short-term average at $0.0943. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for K2 Gold Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.0900. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the stock price.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0 between high and low, or 0%. For the last week, the stock has had daily average volatility of 0%.

K2 Gold Corporation is oversold on RSI14 (18). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Trading Expectations (KTO.V) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect K2 Gold Corporation to open at $0.0950, and during the day (based on 14 day Average True Range), to move between $0.0903 and $0.0997, which gives a possible trading interval of +/-$0.0047 (+/-4.90%) up or down from last closing price. If K2 Gold Corporation takes out the full calculated possible swing range there will be an estimated 9.79% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.100 (5.26%) than the support at $0.0900 (5.26%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is K2 Gold Corporation stock A Buy?

K2 Gold Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -3.552 Sell Candidate Unchanged

Predicted Opening Price for K2 Gold Corporation of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
$0.0950 ( 0.00000000%) $0.0950

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

Trading levels for KTO.V

Fibonacci Support & Resistance Levels

Level Price
R3 0.0950 0.00000000%
R2 0.0950 0.00000000%
R1 0.0950 0.00000000%
Price 0.0950
S1 0.0950 0.00000000%
S2 0.0950 0.00000000%
S3 0.0950 0.00000000%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.115 21.05%
R2 0.110 15.79%
R1 0.100 5.26%
Price 0.0950
S1 0.0900 -5.26%
S2 0 -
S3 0 -

FAQ

What is the symbol for K2 Gold Corporation Stock and on which exchange is it traded?
The symbol for K2 Gold Corporation is KTO.V and it is traded on the TSXV (Toronto Stock Exchange Ventures).

Should I buy or sell K2 Gold Corporation Stock?
K2 Gold Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy K2 Gold Corporation Stock?
K2 Gold Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy K2 Gold Corporation Stock.

What's the current price of K2 Gold Corporation Stock?
As of the end of day on the Jun 14, 2024, the price of an K2 Gold Corporation (KTO.V) share was $0.0950.

What is the 52-week high and low for K2 Gold Corporation Stock?
The 52-week high for K2 Gold Corporation Stock is $0.170 and the 52-week low is $0.0650.

What is the market capitalization of K2 Gold Corporation Stock?
As of the Jun 14, 2024, the market capitalization of K2 Gold Corporation is 10.309M.

When is the next earnings date for K2 Gold Corporation?
The upcoming earnings date for K2 Gold Corporation is Sep 26, 2024.
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