Valiant Eagle Inc. Stock Forecast
Big movements in Valiant Eagle Inc. stock price on Friday moving 100.00% between high and low
(Updated on Apr 26, 2024)
No changes to the price of Valiant Eagle Inc. stock on the last trading day (Friday, 26th Apr 2024). During the last trading day the stock fluctuated 100.00% from a day low at $0.00005 to a day high of $0.0001. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Valiant Eagle Inc. stock with a 90% probability to be traded between $0.00000084 and $0.0002 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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PSRU Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Valiant Eagle 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 $0.0001 and $0.0001. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, April 25, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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 from a double bottom formation was found on Monday, April 15, 2024 with a target of $0.000067. Despite whether the objective of the signal formation has been reached the stock may continue to perform well.
Support, Risk & Stop-loss for Valiant Eagle 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 $0.00005 between high and low, or 100.00%. For the last week the stock has had daily average volatility of 280.00%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (PSRU) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Valiant Eagle Inc. to open at $0.00008333, and during the day (based on 14 day Average True Range), to move between $0.00004518 and $0.0002, which gives a possible trading interval of +/-$0.00005482 (+/-54.82%) up or down from last closing price. If Valiant Eagle Inc. takes out the full calculated possible swing range there will be an estimated 109.63% move between the lowest and the highest trading price during the day.
Is Valiant Eagle Inc. stock A Buy?
Valiant Eagle Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -2.062 Sell Candidate Downgraded
Predicted Opening Price for Valiant Eagle Inc. of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $0.00008333 ( 16.67%) | $0.0001 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PSRU
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0001 | 33.33 % | |
| R2 | 0.0001 | 14.23 % | ||
| R1 | 0.0001 | 2.43 % | ||
| Current price: | 0.0001 | |||
| Support | S1 | 0.00006423 | -35.77 % | |
| S2 | 0.00005243 | -47.57 % | ||
| S3 | 0.00003333 | -66.67 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 0.0001 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
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