LinkEye USD Stock Forecast
LinkEye USD stock price ended at $0.0007 on Friday, after gaining 0.139%.
(Updated on Jun 28, 2024)
The LinkEye USD stock price gained 0.139% on the last trading day (Friday, 28th Jun 2024), rising from $0.0007 to $0.0007. During the last trading day the stock fluctuated 0.139% from a day low at $0.0007 to a day high of $0.0007. The price has risen in 5 of the last 10 days.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. 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.
LETUSD Signals & Forecast
The LinkEye USD stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.0007 and $0.0006. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 19, 2024, and so far it has risen 20.20%. Further rise is indicated until a new top pivot has been found. 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. 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.
Support, Risk & Stop-loss for LinkEye USD stock
LinkEye USD finds support from accumulated volume at $0.0007 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.000001 between high and low, or 0.139%. For the last week the stock has had daily average volatility of 4.12%
Our recommended stop-loss: $0.0007 (-3.16%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 32 days ago.)
Trading Expectations (LETUSD) For The Upcoming Trading Day Of Saturday 29th
For the upcoming trading day on Saturday, 29th we expect LinkEye USD to open at $0.0007, and during the day (based on 14 day Average True Range), to move between $0.0007 and $0.0008, which gives a possible trading interval of +/-$0.00005220 (+/-7.25%) up or down from last closing price. If LinkEye USD takes out the full calculated possible swing range there will be an estimated 14.50% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0007 (0.42%) than the resistance at $0.0008 (8.75%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is LinkEye USD stock A Buy?
LinkEye USD 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: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for LinkEye USD of Saturday, June 29, 2024
Fair opening price June 29, 2024 | Current price |
---|---|
$0.0007 ( 0.0463%) | $0.0007 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LETUSD
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.0007 | 0.0926% |
R2 | 0.0007 | 0.0395% |
R1 | 0.0007 | 0.0068% |
Price | 0.0007 | |
S1 | 0.0007 | -0.0994% |
S2 | 0.0007 | -0.132% |
S3 | 0.0007 | -0.185% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0 | - |
R2 | 0 | - |
R1 | 0.0008 | 8.75% |
Price | 0.0007 | |
S1 | 0.0007 | -0.417% |
S2 | 0.0006 | -9.86% |
S3 | 0.0006 | -15.14% |
FAQ
Click here for our free guide on how to buy LinkEye USD Stock.