Plandaí Biotechnology, Inc. Stock Forecast
Plandaí Biotechnology, Inc. stock price ended at $0.0003 on Wednesday, after losing 0%.
(Updated on Jun 26, 2024)
No changes to the price of Plandaí Biotechnology, Inc. stock on the last trading day (Wednesday, 26th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0003 to a day high of $0.0003. The price has been going up and down for this period, and there has been a -25% loss for the last 2 weeks.
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 $0.0003 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 46.48% during the next 3 months and, with a 90% probability hold a price between $0.0004 and $0.0010 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
PLPL Signals & Forecast
There are few to no technical positive signals at the moment. The Plandaí Biotechnology, 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 $0.0003 and $0.0004. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 22, 2024, and so far it has fallen -50.00%. 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 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 Plandaí Biotechnology, 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 periodic low trading volume 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 0%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (PLPL) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Plandaí Biotechnology, Inc. to open at $0.0003, and during the day (based on 14 day Average True Range), to move between $0.0002 and $0.0004, which gives a possible trading interval of +/-$0.00005932 (+/-19.77%) up or down from last closing price. If Plandaí Biotechnology, Inc. takes out the full calculated possible swing range there will be an estimated 39.55% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $0.0004, some $0.00005 (16.67%) from the current price of $0.0003, our system finds the risk reward not very attractive.
Is Plandaí Biotechnology, Inc. stock A Buy?
The Plandaí Biotechnology, Inc. stock holds several negative signals and despite the positive trend, we believe Plandaí Biotechnology, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -3.274 Sell Candidate Unchanged
Predicted Opening Price for Plandaí Biotechnology, Inc. of Thursday, June 27, 2024
Fair opening price June 27, 2024 | Current price |
---|---|
$0.0003 ( 0%) | $0.0003 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PLPL
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.0003 | - |
R2 | 0.0003 | - |
R1 | 0.0003 | - |
Price | 0.0003 | |
S1 | 0.0003 | - |
S2 | 0.0003 | - |
S3 | 0.0003 | - |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0 | - |
R2 | 0 | - |
R1 | 0.0004 | 16.67% |
Price | 0.0003 | |
S1 | 0 | - |
S2 | 0 | - |
S3 | 0 | - |
FAQ
Click here for our free guide on how to buy Plandaí Biotechnology, Inc. Stock.