PAO Group Inc Stock Forecast
Big movements in PAO Group Inc stock price on Thursday moving 12.50% between high and low
(Updated on May 02, 2024)
No changes to the price of PAO Group Inc stock on the last trading day (Thursday, 2nd May 2024). During the last trading day the stock fluctuated 12.50% from a day low at $0.0008 to a day high of $0.0009. The price has been going up and down for this period, and there has been a -11.11% loss for the last 2 weeks.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -52.63% during the next 3 months and, with a 90% probability hold a price between $0.0003 and $0.0005 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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PAOG Signals & Forecast
There are mixed signals in the stock today. The PAO Group 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 $0.0008 and $0.0011. A break-up above any of these levels will issue buy signals. 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. A buy signal was issued from a pivot bottom point on Monday, April 22, 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).
Support, Risk & Stop-loss for PAO Group 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 very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.0001 between high and low, or 12.50%. For the last week the stock has had daily average volatility of 12.50%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (PAOG) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect PAO Group Inc to open at $0.0008, and during the day (based on 14 day Average True Range), to move between $0.0006 and $0.0010, which gives a possible trading interval of +/-$0.0002 (+/-22.53%) up or down from last closing price. If PAO Group Inc takes out the full calculated possible swing range there will be an estimated 45.05% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $0.0009, some $0.0001 (12.50%) from the current price of $0.0008, our system finds the risk reward not very attractive.
Is PAO Group Inc stock A Buy?
PAO Group 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: -3.524 Sell Candidate Unchanged
Predicted Opening Price for PAO Group Inc of Friday, May 3, 2024
| Fair opening price May 3, 2024 | Current price |
|---|---|
| $0.0008 ( 4.17%) | $0.0008 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PAOG
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0009 | 16.67 % | |
| R2 | 0.0009 | 11.89 % | ||
| R1 | 0.0009 | 8.94 % | ||
| Current price: | 0.0008 | |||
| Support | S1 | 0.0008 | -0.608 % | |
| S2 | 0.0008 | -3.56 % | ||
| S3 | 0.0007 | -8.33 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0.0010 | 18.75 % | ||
| R1 | 0.0009 | 12.50 % | ||
| Current price | 0.0008 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
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