Musk Metaverse USD Stock Forecast
A very strong day for Musk Metaverse USD stock price on Friday
(Updated on Jun 28, 2024)
The Musk Metaverse USD stock price gained 8.88% on the last trading day (Friday, 28th Jun 2024), rising from $0.00000000 to $0.00000000. During the last trading day the stock fluctuated 0.302% from a day low at $0.00000000 to a day high of $0.00000000. The price has risen in 6 of the last 10 days and is up by 19.93% 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, 31 more shares were traded than the day before. In total, 65 shares were bought and sold for approximately $0.00000002 .
The stock lies in the middle of a very wide and weak 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 4.62% during the next 3 months and, with a 90% probability hold a price between $0.00000000 and $0.00000000 at the end of this 3-month period.
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METAMUSKUSD Signals & Forecast
The Musk Metaverse 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 $0.00000000 and $0.00000000. 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). Musk Metaverse 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. 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 Saturday, June 22, 2024, and so far it has fallen -17.87%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Musk Metaverse USD stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.00000000 and $0.00000000. 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, Musk Metaverse USD finds support just below today's level at $0.00000000. If this is broken, then the next support from accumulated volume will be at $0.00000000 and $0.00000000.
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 $0.00000000 between high and low, or 0.302%. For the last week, the stock has had daily average volatility of 2.05%.
Our recommended stop-loss: $0.00000000 (-5.98%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 12 days ago.)
Trading Expectations (METAMUSKUSD) For The Upcoming Trading Day Of Saturday 29th
For the upcoming trading day on Saturday, 29th we expect Musk Metaverse USD to open at $0.00000000, and during the day (based on 14 day Average True Range), to move between $0.00000000 and $0.00000000, which gives a possible trading interval of +/-$0.00000000 (+/-7.51%) up or down from last closing price. If Musk Metaverse USD takes out the full calculated possible swing range there will be an estimated 15.01% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.00000000 (3.02%) than the support at $0.00000000 (6.95%), 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 Musk Metaverse USD stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Musk Metaverse USD stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 3.619 Buy Candidate Upgraded
Predicted Opening Price for Musk Metaverse USD of Saturday, June 29, 2024
| Fair opening price June 29, 2024 | Current price |
|---|---|
| $0.00000000 ( 0.101%) | $0.00000000 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for METAMUSKUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.00000000 | 0.403% |
| R2 | 0.00000000 | 0.287% |
| R1 | 0.00000000 | 0.216% |
| Price | 0.00000000 | |
| S1 | 0.00000000 | -0.0147% |
| S2 | 0.00000000 | -0.0860% |
| S3 | 0.00000000 | -0.201% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.00000000 | 21.75% |
| R2 | 0.00000000 | 12.99% |
| R1 | 0.00000000 | 3.02% |
| Price | 0.00000000 | |
| S1 | 0.00000000 | -6.95% |
| S2 | 0.00000000 | -9.06% |
| S3 | 0.00000000 | -9.67% |
FAQ
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