MARS4 USD Stock Forecast
MARS4 USD stock price ended at $0.0010 on Friday, after gaining 0.84%.
(Updated on Jun 28, 2024)
The MARS4 USD stock price gained 0.84% on the last trading day (Friday, 28th Jun 2024), rising from $0.0010 to $0.0010. During the last trading day the stock fluctuated 1.46% from a day low at $0.0010 to a day high of $0.0010. The price has risen in 6 of the last 10 days and is up by 6.5% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 7 thousand more shares were traded than the day before. In total, 88 thousand shares were bought and sold for approximately $84.69 .
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. Given the current short-term trend, the stock is expected to fall -37.94% during the next 3 months and, with a 90% probability hold a price between $0.0005 and $0.0010 at the end of this 3-month period.
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MARS4USD Signals & Forecast
There are mixed signals in the stock today. The MARS4 USD stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.0010 and $0.0012. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Tuesday, June 18, 2024, and so far it has risen 6.50%. 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). MARS4 USD has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for MARS4 USD stock
MARS4 USD finds support from accumulated volume at $0.0010 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 $0.000014 between high and low, or 1.46%. For the last week, the stock has had daily average volatility of 3.98%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (MARS4USD) For The Upcoming Trading Day Of Saturday 29th
For the upcoming trading day on Saturday, 29th we expect MARS4 USD to open at $0.0010, and during the day (based on 14 day Average True Range), to move between $0.0009 and $0.0010, which gives a possible trading interval of +/-$0.00005941 (+/-6.15%) up or down from last closing price. If MARS4 USD takes out the full calculated possible swing range there will be an estimated 12.30% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0010 (0.93%) than the resistance at $0.0010 (1.86%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is MARS4 USD stock A Buy?
MARS4 USD 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: -2.214 Sell Candidate Unchanged
Predicted Opening Price for MARS4 USD of Saturday, June 29, 2024
| Fair opening price June 29, 2024 | Current price |
|---|---|
| $0.0010 ( 0.0690%) | $0.0010 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MARS4USD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0010 | 1.52% |
| R2 | 0.0010 | 0.96% |
| R1 | 0.0010 | 0.623% |
| Price | 0.0010 | |
| S1 | 0.0010 | -0.485% |
| S2 | 0.0010 | -0.83% |
| S3 | 0.0010 | -1.38% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0012 | 23.91% |
| R2 | 0.0011 | 17.70% |
| R1 | 0.0010 | 1.86% |
| Price | 0.0010 | |
| S1 | 0.0010 | -0.93% |
| S2 | 0.0009 | -2.80% |
| S3 | 0.0009 | -6.11% |
FAQ
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