RefundCoin USD Stock Forecast
Red day on Thursday for RefundCoin USD
(Updated on Jun 20, 2024)
No changes to the price of RefundCoin USD stock on the last trading day (Thursday, 20th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.000006 to a day high of $0.000006. The price has been going up and down for this period, and there has been a -14.29% loss 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 RefundCoin USD stock with a 90% probability to be traded between $0.00000505 and $0.00000805 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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RFDUSD Signals & Forecast
Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". 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. The RefundCoin 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 $0.000006 and $0.00000685. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Saturday, June 01, 2024, and so far it has fallen -25.00%. 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).
Support, Risk & Stop-loss for RefundCoin USD stock
RefundCoin USD finds support from accumulated volume at $0.00000581 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 a large prediction interval from the Bollinger Band 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 3.33%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (RFDUSD) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect RefundCoin USD to open at $0.000006, and during the day (based on 14 day Average True Range), to move between $0.00000556 and $0.00000644, which gives a possible trading interval of +/-$0.00000044 (+/-7.41%) up or down from last closing price. If RefundCoin USD takes out the full calculated possible swing range there will be an estimated 14.82% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.00000581 (3.18%) than the resistance at $0.00000648 (8.00%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is RefundCoin USD stock A Buy?
RefundCoin USD 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.
Current score: -2.337 Sell Candidate Unchanged
Predicted Opening Price for RefundCoin USD of Friday, June 21, 2024
Fair opening price June 21, 2024 | Current price |
---|---|
$0.000006 ( 0%) | $0.000006 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RFDUSD
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.000006 | - |
R2 | 0.000006 | - |
R1 | 0.000006 | - |
Price | 0.000006 | |
S1 | 0.000006 | - |
S2 | 0.000006 | - |
S3 | 0.000006 | - |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.000007 | 16.67% |
R2 | 0.00000667 | 11.17% |
R1 | 0.00000648 | 8.00% |
Price | 0.000006 | |
S1 | 0.00000581 | -3.18% |
S2 | 0.000005 | -16.67% |
S3 | 0 | - |
FAQ
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