NW Tech Capital, Inc. Stock Forecast
Red day on Friday for NW Tech Capital, Inc. stock after losing 0%
(Updated on May 10, 2024)
No changes to the price of NW Tech Capital, Inc. stock on the last trading day (Friday, 10th May 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0002 to a day high of $0.0002. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $0.0002, a level that may pose a second chance to hit a runner. According to fan-theory $0.0004 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
NWTT Signals & Forecast
The NW Tech Capital, 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 $0.0002 and $0.0002. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Thursday, May 09, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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 NW Tech Capital, 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 6.67%
Our recommended stop-loss: $0.0002 (-3.90%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (NWTT) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect NW Tech Capital, Inc. to open at $0.0002, and during the day (based on 14 day Average True Range), to move between $0.0002 and $0.0002, which gives a possible trading interval of +/-$0.00004209 (+/-21.05%) up or down from last closing price. If NW Tech Capital, Inc. takes out the full calculated possible swing range there will be an estimated 42.09% move between the lowest and the highest trading price during the day.
Is NW Tech Capital, Inc. stock A Buy?
NW Tech Capital, 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 NW Tech Capital, Inc. of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| $0.0002 ( 0%) | $0.0002 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NWTT
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0002 | . | |
| R2 | 0.0002 | . | ||
| R1 | 0.0002 | . | ||
| Current price: | 0.0002 | |||
| Support | S1 | 0.0002 | . | |
| S2 | 0.0002 | . | ||
| S3 | 0.0002 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 0.0002 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
Click here for our free guide on how to buy NW Tech Capital, Inc. Stock.
