Minerco, Inc. Stock Forecast
Minerco, Inc. stock price down 0% on Monday
(Updated on Jul 01, 2024)
No changes to the price of Minerco, Inc. stock on the last trading day (Monday, 1st Jul 2024). During the last trading day the stock fluctuated 0% from a day low at $0.000001 to a day high of $0.000001. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at -$0.00000915 is broken, it will firstly indicate a stronger fall rate. Due to the high volatility and the trend direction we are not able to give forecast range for this stock.
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MINE Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, April 15, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Minerco, 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.
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 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%
Our recommended stop-loss: $0.00000094 (-6.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 50 days ago.)
Trading Expectations (MINE) For The Upcoming Trading Day Of Tuesday 2nd
For the upcoming trading day on Tuesday, 2nd we expect Minerco, Inc. to open at $0.000001, and during the day (based on 14 day Average True Range), to move between -$0.00000045 and $0.00000245, which gives a possible trading interval of +/-$0.00000145 (+/-145.45%) up or down from last closing price. If Minerco, Inc. takes out the full calculated possible swing range there will be an estimated 290.91% move between the lowest and the highest trading price during the day.
Is Minerco, Inc. stock A Buy?
Minerco, Inc. 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 Minerco, Inc. of Tuesday, July 2, 2024
| Fair opening price July 2, 2024 | Current price |
|---|---|
| $0.000001 ( 0%) | $0.000001 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MINE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.000001 | - |
| R2 | 0.000001 | - |
| R1 | 0.000001 | - |
| Price | 0.000001 | |
| S1 | 0.000001 | - |
| S2 | 0.000001 | - |
| S3 | 0.000001 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 0.000001 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
FAQ
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