EAT is up +49.38%% since April’24 pick View All Top Buy Picks
$0.0006
+0.000004 (+0.670%)
At Close: Jun 25, 2024
RSI low/high Values: [ 25 - 70 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of OREUSD
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Green day on Tuesday for Galactrum USD
(Updated on Jun 25, 2024)

Hold candidate since Jun 18, 2024 Loss -0.39% PDF

The Galactrum USD stock price gained 0.670% on the last trading day (Tuesday, 25th Jun 2024), rising from $0.0006 to $0.0006. During the last trading day the stock fluctuated 2.80% from a day low at $0.0006 to a day high of $0.0006. The price has fallen in 6 of the last 10 days and is down by -7.46% for this period.

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 $0.0006 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -14.73% during the next 3 months and, with a 90% probability hold a price between $0.0005 and $0.0007 at the end of this 3-month period.

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OREUSD Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, June 24, 2024, and so far it has risen 0.670%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Galactrum USD 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 $0.0006 and $0.0007. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Galactrum USD stock

Galactrum USD finds support from accumulated volume at $0.0006 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 $0.00001671 between high and low, or 2.80%. For the last week the stock has had daily average volatility of 2.39%

Our recommended stop-loss: $0.0006 (-5.50%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 5 days ago.)

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

For the upcoming trading day on Wednesday, 26th we expect Galactrum USD to open at $0.0006, and during the day (based on 14 day Average True Range), to move between $0.0006 and $0.0006, which gives a possible trading interval of +/-$0.00002186 (+/-3.63%) up or down from last closing price. If Galactrum USD takes out the full calculated possible swing range there will be an estimated 7.27% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0006 (0.67%) than the resistance at $0.0007 (11.18%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Galactrum USD stock A Buy?

Galactrum USD holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation 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 Galactrum USD of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
$0.0006 ( 0.483%) $0.0006

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

Trading levels for OREUSD

Fibonacci Support & Resistance Levels

Level Price
R3 0.0006 3.26%
R2 0.0006 2.20%
R1 0.0006 1.54%
Price 0.0006
S1 0.0006 -0.579%
S2 0.0006 -1.23%
S3 0.0006 -2.30%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.0007 22.56%
R2 0.0007 20.35%
R1 0.0007 11.18%
Price 0.0006
S1 0.0006 -0.665%
S2 0 -
S3 0 -

FAQ

What is the symbol for Galactrum USD Stock and on which exchange is it traded?
The symbol for Galactrum USD is OREUSD and it is traded on the CRYPTO (Cryptocurrencies).

Should I buy or sell Galactrum USD Stock?
Galactrum USD holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

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

What's the current price of Galactrum USD Stock?
As of the end of day on the Jun 25, 2024, the price of an Galactrum USD (OREUSD) share was $0.0006.

What is the 52-week high and low for Galactrum USD Stock?
The 52-week high for Galactrum USD Stock is $0.0018 and the 52-week low is $0.0003.
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