Liberty Defense Holdings, Ltd. Stock Forecast
Big movements in Liberty Defense Holdings, Ltd. stock price on Friday moving 11.82% between high and low
(Updated on May 10, 2024)
The Liberty Defense Holdings, Ltd. stock price gained 0.88% on the last trading day (Friday, 10th May 2024), rising from $0.127 to $0.129. During the last trading day the stock fluctuated 11.82% from a day low at $0.125 to a day high of $0.140. The price has fallen in 7 of the last 10 days and is down by -9.82% for this period. Volume fell on the last day by -40 thousand shares and in total, 18 thousand shares were bought and sold for approximately $2.27 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 49.64% during the next 3 months and, with a 90% probability hold a price between $0.181 and $0.237 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
LDDFF Signals & Forecast
A sell signal was issued from a pivot top point on Thursday, April 18, 2024, and so far it has fallen -11.38%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. Some positive signals were issued as well, and these may have some influence on the near short-term development. The Liberty Defense Holdings, Ltd. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $0.130. On a fall, the stock will find some support from the long-term average at approximately $0.124. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.
Support, Risk & Stop-loss for Liberty Defense Holdings, Ltd. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.121 and $0.116. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Liberty Defense Holdings, Ltd. finds support just below today's level at $0.121. If this is broken, then the next support from accumulated volume will be at $0.116 and $0.103.
This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0148 between high and low, or 11.82%. For the last week the stock has had daily average volatility of 12.07%.
Our recommended stop-loss: $0.123 (-4.49%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 16 days ago.)
Trading Expectations (LDDFF) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Liberty Defense Holdings, Ltd. to open at $0.131, and during the day (based on 14 day Average True Range), to move between $0.116 and $0.141, which gives a possible trading interval of +/-$0.0126 (+/-9.82%) up or down from last closing price. If Liberty Defense Holdings, Ltd. takes out the full calculated possible swing range there will be an estimated 19.64% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.121 (6.07%) than the resistance at $0.138 (7.40%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Liberty Defense Holdings, Ltd. stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
Current score: 1.681 Buy Candidate Unchanged
Predicted Opening Price for Liberty Defense Holdings, Ltd. of Monday, May 13, 2024
Fair opening price May 13, 2024 | Current price |
---|---|
$0.131 ( 2.13%) | $0.129 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LDDFF
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.146 | 13.64 % | |
R2 | 0.140 | 9.24 % | ||
R1 | 0.137 | 6.53 % | ||
Current price: | 0.129 | |||
Support | S1 | 0.126 | -2.27 % | |
S2 | 0.122 | -4.99 % | ||
S3 | 0.116 | -9.39 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.143 | 11.28 % | |
R2 | 0.140 | 8.95 % | ||
R1 | 0.138 | 7.40 % | ||
Current price | 0.129 | |||
Support | S1 | 0.121 | -6.07% | |
S2 | 0.116 | -10.04% | ||
S3 | 0.103 | -19.92% |
FAQ
Click here for our free guide on how to buy Liberty Defense Holdings, Ltd. Stock.