Plurilock Security Inc. Stock Forecast
Plurilock Security Inc. stock price ended at $0.360 on Thursday, after gaining 2.86%.
(Updated on May 09, 2024)
The Plurilock Security Inc. stock price gained 2.86% on the last trading day (Thursday, 9th May 2024), rising from $0.350 to $0.360. During the last trading day the stock fluctuated 0% from a day low at $0.360 to a day high of $0.360. The price has fallen in 5 of the last 10 days but is still up by 5.88% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 thousand more shares were traded than the day before. In total, 16 thousand shares were bought and sold for approximately $5.63 thousand.
The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $0.416 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 322.31% during the next 3 months and, with a 90% probability hold a price between $0.457 and $1.76 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.
PLUR.V Signals & Forecast
The Plurilock Security Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.351 and $0.166. A breakdown below any of these levels will issue sell signals. Plurilock Security Inc. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, April 30, 2024, and so far it has fallen -5.26%. 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).
Support, Risk & Stop-loss for Plurilock Security Inc. stock
Plurilock Security Inc. finds support from accumulated volume at $0.355 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 very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very 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 3.23%.
Our recommended stop-loss: $0.341 (-5.33%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 7 days ago.)
Trading Expectations (PLUR.V) For The Upcoming Trading Day Of Friday 10th
For the upcoming trading day on Friday, 10th we expect Plurilock Security Inc. to open at $0.360, and during the day (based on 14 day Average True Range), to move between $0.335 and $0.385, which gives a possible trading interval of +/-$0.0246 (+/-6.85%) up or down from last closing price. If Plurilock Security Inc. takes out the full calculated possible swing range there will be an estimated 13.69% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.355 (1.39%) than the resistance at $0.380 (5.56%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Plurilock Security Inc. stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Plurilock Security Inc. stock to perform well in the short-term.
Current score: 3.627 Buy Candidate Unchanged
Predicted Opening Price for Plurilock Security Inc. of Friday, May 10, 2024
| Fair opening price May 10, 2024 | Current price |
|---|---|
| $0.360 ( 0.00000000%) | $0.360 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PLUR.V
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.360 | 0.00000000 % | |
| R2 | 0.360 | 0.00000000 % | ||
| R1 | 0.360 | 0.00000000 % | ||
| Current price: | 0.360 | |||
| Support | S1 | 0.360 | 0.00000000 % | |
| S2 | 0.360 | 0.00000000 % | ||
| S3 | 0.360 | 0.00000000 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0.380 | 5.56 % | ||
| Current price | 0.360 | |||
| Support | S1 | 0.355 | -1.39% | |
| S2 | 0.350 | -2.78% | ||
| S3 | 0.340 | -5.56% |
FAQ
Click here for our free guide on how to buy Plurilock Security Inc. Stock.
