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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NUGL
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NUGL, Inc. stock price down 0% on Tuesday
(Updated on Jun 25, 2024)

Buy or Hold candidate since Jun 21, 2024 PDF

No changes to the price of NUGL, Inc. stock on the last trading day (Tuesday, 25th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0080 to a day high of $0.0080. The price has been going up and down for this period, and there has been a 23.08% gain for the last 2 weeks.

The stock lies in the middle of a very wide and strong 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 21.98% during the next 3 months and, with a 90% probability hold a price between $0.0067 and $0.0113 at the end of this 3-month period.

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NUGL Signals & Forecast

The NUGL, Inc. 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 $0.0075 and $0.0069. A breakdown below any of these levels will issue sell signals. 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 Monday, June 24, 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.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation

Support, Risk & Stop-loss for NUGL, Inc. stock

NUGL, Inc. finds support from accumulated volume at $0.0079 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 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $0.0077 (-3.84%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (NUGL) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect NUGL, Inc. to open at $0.0080, and during the day (based on 14 day Average True Range), to move between $0.0073 and $0.0087, which gives a possible trading interval of +/-$0.0007 (+/-8.77%) up or down from last closing price. If NUGL, Inc. takes out the full calculated possible swing range there will be an estimated 17.55% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $0.0079, some $0.0001 (1.25%) from the current price of $0.0080, our system finds the risk reward attractive.

Is NUGL, Inc. stock A Buy?

NUGL, 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 NUGL, Inc. of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
$0.0080 ( 0%) $0.0080

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

Trading levels for NUGL

Fibonacci Support & Resistance Levels

Level Price
R3 0.0080 -
R2 0.0080 -
R1 0.0080 -
Price 0.0080
S1 0.0080 -
S2 0.0080 -
S3 0.0080 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0 -
Price 0.0080
S1 0.0079 -1.25%
S2 0.0075 -6.25%
S3 0.0071 -11.00%

FAQ

What is the symbol for NUGL, Inc. Stock and on which exchange is it traded?
The symbol for NUGL, Inc. is NUGL and it is traded on the OTCMKTS (OTC Markets Group).

Should I buy or sell NUGL, Inc. Stock?
NUGL, 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.

How to buy NUGL, Inc. Stock?
NUGL, Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy NUGL, Inc. Stock.

What's the current price of NUGL, Inc. Stock?
As of the end of day on the Jun 25, 2024, the price of an NUGL, Inc. (NUGL) share was $0.0080.

What is the 52-week high and low for NUGL, Inc. Stock?
The 52-week high for NUGL, Inc. Stock is $0.0243 and the 52-week low is $0.0010.

What is the market capitalization of NUGL, Inc. Stock?
As of the Jun 25, 2024, the market capitalization of NUGL, Inc. is 6.766M.
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