Omni Real Estate Token USD Stock Forecast
Omni Real Estate Token USD stock price ended at $0.00000011 on Friday, after losing 1.81%.
(Updated on Jun 28, 2024)
The Omni Real Estate Token USD stock price fell by -1.81% on the last day (Friday, 28th Jun 2024) from $0.00000011 to $0.00000011. During the last trading day the stock fluctuated 1.84% from a day low at $0.00000011 to a day high of $0.00000011. The price has fallen in 6 of the last 10 days and is down by -23.17% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -5 shares and in total, 2 shares were bought and sold for approximately $0.00000021 .
The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.00000009 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 17.29% during the next 3 months and, with a 90% probability hold a price between $0.00000010 and $0.00000025 at the end of this 3-month period.
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ORTUSD Signals & Forecast
There are few to no technical positive signals at the moment. The Omni Real Estate Token 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 $0.00000011 and $0.00000011. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Saturday, April 13, 2024, and so far it has fallen -43.85%. 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 along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Omni Real Estate Token USD stock
Omni Real Estate Token USD finds support from accumulated volume at $0.00000010 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.00000000 between high and low, or 1.84%. For the last week the stock has had daily average volatility of 2.95%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ORTUSD) For The Upcoming Trading Day Of Saturday 29th
For the upcoming trading day on Saturday, 29th we expect Omni Real Estate Token USD to open at $0.00000011, and during the day (based on 14 day Average True Range), to move between $0.00000010 and $0.00000011, which gives a possible trading interval of +/-$0.00000001 (+/-5.70%) up or down from last closing price. If Omni Real Estate Token USD takes out the full calculated possible swing range there will be an estimated 11.40% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.00000011 (4.72%) than the support at $0.00000010 (4.96%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Omni Real Estate Token USD stock A Buy?
The Omni Real Estate Token USD stock holds several negative signals and despite the positive trend, we believe Omni Real Estate Token USD will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.144 Sell Candidate Unchanged
Predicted Opening Price for Omni Real Estate Token USD of Saturday, June 29, 2024
| Fair opening price June 29, 2024 | Current price |
|---|---|
| $0.00000011 ( 0.614%) | $0.00000011 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ORTUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.00000011 | 2.45% |
| R2 | 0.00000011 | 1.75% |
| R1 | 0.00000011 | 1.32% |
| Price | 0.00000011 | |
| S1 | 0.00000011 | -0.0896% |
| S2 | 0.00000010 | -0.524% |
| S3 | 0.00000010 | -1.23% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.00000013 | 24.19% |
| R2 | 0.00000012 | 15.78% |
| R1 | 0.00000011 | 4.72% |
| Price | 0.00000011 | |
| S1 | 0.00000010 | -4.96% |
| S2 | 0.00000009 | -10.23% |
| S3 | 0.00000009 | -15.92% |
FAQ
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