RefundCoin USD Stock Forecast

RefundCoin USD stock price down 0% on Tuesday
(Updated on Jun 25, 2024)

RFDUSD Signals & Forecast

There are few to no technical positive signals at the moment. 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 $0.00000682. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 13, 2024, and so far it has fallen -14.29%. 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.

Buy

Special Signal Notification

Double Bottom Formation

A buy signal from a double bottom formation was found on Thursday, May 16, 2024 with a target of $0.00000557. Despite whether the objective of the signal formation has been reached the stock may continue to perform well.

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 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 (RFDUSD) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect RefundCoin USD to open at $0.000006, and during the day (based on 14 day Average True Range), to move between $0.00000569 and $0.00000631, which gives a possible trading interval of +/-$0.00000031 (+/-5.12%) up or down from last closing price. If RefundCoin USD takes out the full calculated possible swing range there will be an estimated 10.23% 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?

The RefundCoin USD stock holds several negative signals and despite the positive trend, we believe RefundCoin USD will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -4.025 Sell Candidate Unchanged

Predicted Opening Price for RefundCoin USD of Wednesday, June 26, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.