NFTEarthOFT USD Stock Forecast

Volatile ride for NFTEarthOFT USD stock price on Thursday moving between $0.000007 and $0.000008
(Updated on Jun 20, 2024)

NFTEUSD Signals & Forecast

There are mixed signals in the stock today. The NFTEarthOFT USD 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 $0.00000897. On a fall, the stock will find some support from the short-term average at $0.00000686. 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. A sell signal was issued from a pivot top point on Wednesday, June 19, 2024, and so far it has fallen 0%. 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 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.

Buy

Special Signal Notification

Double Bottom Formation

A buy signal from a double bottom formation was found on Tuesday, June 18, 2024 with a target of $0.00000733. Despite whether the objective of the signal formation has been reached the stock may continue to perform well.

Support, Risk & Stop-loss for NFTEarthOFT USD stock

NFTEarthOFT USD finds support from accumulated volume at $0.00000781 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $0.000001 between high and low, or 14.29%. For the last week the stock has had daily average volatility of 12.38%

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

Trading Expectations (NFTEUSD) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect NFTEarthOFT USD to open at $0.00000767, and during the day (based on 14 day Average True Range), to move between $0.00000600 and $0.00001000, which gives a possible trading interval of +/-$0.00000200 (+/-24.99%) up or down from last closing price. If NFTEarthOFT USD takes out the full calculated possible swing range there will be an estimated 49.99% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.00000781 (2.40%) than the resistance at $0.000009 (12.50%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is NFTEarthOFT USD stock A Buy?

NFTEarthOFT 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: -3.563 Sell Candidate Unchanged

Predicted Opening Price for NFTEarthOFT USD of Friday, June 21, 2024

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