01 Communique Laboratory Inc. Stock Forecast
Red day on Friday for 01 Communique Laboratory Inc.
(Updated on May 10, 2024)
No changes to the price of 01 Communique Laboratory 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 $0.0500 to a day high of $0.0500. The price has been going up and down for this period, and there has been a -16.67% loss 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 $0.0480 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -31.21% during the next 3 months and, with a 90% probability hold a price between $0.0330 and $0.0463 at the end of this 3-month period. 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.
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ONE.V Signals & Forecast
There are mixed signals in the stock today. The 01 Communique Laboratory Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.0543 and $0.0656. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Monday, May 06, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for 01 Communique Laboratory 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.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". 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 6.00%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ONE.V) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect 01 Communique Laboratory Inc. to open at $0.0500, and during the day (based on 14 day Average True Range), to move between $0.0461 and $0.0539, which gives a possible trading interval of +/-$0.0039 (+/-7.81%) up or down from last closing price. If 01 Communique Laboratory Inc. takes out the full calculated possible swing range there will be an estimated 15.61% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $0.0550, some $0.0050 (10.00%) from the current price of $0.0500, our system finds the risk reward not very attractive.
Is 01 Communique Laboratory Inc. stock A Buy?
01 Communique Laboratory Inc. 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: -4.329 Sell Candidate Unchanged
Predicted Opening Price for 01 Communique Laboratory Inc. of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| $0.0500 ( 0.00000000%) | $0.0500 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ONE.V
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0500 | 0.00000000 % | |
| R2 | 0.0500 | 0.00000000 % | ||
| R1 | 0.0500 | 0.00000000 % | ||
| Current price: | 0.0500 | |||
| Support | S1 | 0.0500 | 0.00000000 % | |
| S2 | 0.0500 | 0.00000000 % | ||
| S3 | 0.0500 | 0.00000000 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0.0600 | 20.00 % | ||
| R1 | 0.0550 | 10.00 % | ||
| Current price | 0.0500 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
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