Moonions USD Stock Forecast

Big movements in Moonions USD stock price on Friday moving 25.27% between high and low
(Updated on Jun 28, 2024)

MOONIONUSD Signals & Forecast

There are few to no technical positive signals at the moment. The Moonions USD stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $0.00000005 and $0.00000004. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, April 17, 2024, and so far it has fallen -20.41%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Moonions USD stock

Moonions USD finds support from accumulated volume at $0.00000004 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 periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.00000001 between high and low, or 25.27%. For the last week the stock has had daily average volatility of 25.16%.

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

Trading Expectations (MOONIONUSD) For The Upcoming Trading Day Of Saturday 29th

For the upcoming trading day on Saturday, 29th we expect Moonions USD to open at $0.00000004, and during the day (based on 14 day Average True Range), to move between $0.00000003 and $0.00000005, which gives a possible trading interval of +/-$0.00000001 (+/-25.66%) up or down from last closing price. If Moonions USD takes out the full calculated possible swing range there will be an estimated 51.33% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.00000004 (0.17%) than the support at $0.00000004 (0.65%), 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 Moonions USD stock A Buy?

The Moonions USD stock holds several negative signals and despite the positive trend, we believe Moonions USD will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -4.823 Sell Candidate Unchanged

Predicted Opening Price for Moonions USD of Saturday, June 29, 2024

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