Mike the Pike Productions, Inc. Stock Forecast

Mike the Pike Productions, Inc. stock price up more than 9,900.00% on Friday
(Updated on May 10, 2024)

MIKP Signals & Forecast

There are mixed signals in the stock today. The Mike the Pike Productions, Inc. 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 $0.0002. On a fall, the stock will find some support from the short-term average at $0.00008586. 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). 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. A buy signal was issued from a pivot bottom point on Thursday, May 09, 2024, and so far it has risen 9,900.00%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss for Mike the Pike Productions, Inc. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very 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%.

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

Trading Expectations (MIKP) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect Mike the Pike Productions, Inc. to open at $0.0001, and during the day (based on 14 day Average True Range), to move between $0.00005992 and $0.0001, which gives a possible trading interval of +/-$0.00004008 (+/-40.08%) up or down from last closing price. If Mike the Pike Productions, Inc. takes out the full calculated possible swing range there will be an estimated 80.16% move between the lowest and the highest trading price during the day.

Is Mike the Pike Productions, Inc. stock A Buy?

Mike the Pike Productions, Inc. 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -3.789 Sell Candidate Upgraded

Predicted Opening Price for Mike the Pike Productions, Inc. of Monday, May 13, 2024

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