Pathfinder Ventures Inc. Stock Forecast
Pathfinder Ventures Inc. stock price down 0% on Wednesday
(Updated on May 29, 2024)
No changes to the price of Pathfinder Ventures Inc. stock on the last trading day (Wednesday, 29th May 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0250 to a day high of $0.0250. The price has been going up and down for this period, and there has been a -16.67% 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 $0.0249 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 30.70% during the next 3 months and, with a 90% probability hold a price between $0.0326 and $0.0553 at the end of this 3-month period.
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RV.V Signals & Forecast
There are few to no technical positive signals at the moment. The Pathfinder Ventures 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 $0.0286 and $0.0311. 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 08, 2024, and so far it has fallen -37.50%. 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 Pathfinder Ventures Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0200. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the stock price.
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 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%.
Pathfinder Ventures Inc. is oversold on RSI14 (20). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (RV.V) For The Upcoming Trading Day Of Thursday 30th
For the upcoming trading day on Thursday, 30th we expect Pathfinder Ventures Inc. to open at $0.0250, and during the day (based on 14 day Average True Range), to move between $0.0225 and $0.0275, which gives a possible trading interval of +/-$0.0025 (+/-9.85%) up or down from last closing price. If Pathfinder Ventures Inc. takes out the full calculated possible swing range there will be an estimated 19.69% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.0300 (20.00%) than the support at $0.0200 (20.00%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Pathfinder Ventures Inc. stock A Buy?
The Pathfinder Ventures Inc. stock holds several negative signals and despite the positive trend, we believe Pathfinder Ventures Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.689 Sell Candidate Unchanged
Predicted Opening Price for Pathfinder Ventures Inc. of Thursday, May 30, 2024
Fair opening price May 30, 2024 | Current price |
---|---|
$0.0250 ( 0.00000000%) | $0.0250 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RV.V
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.0250 | 0.00000000 % | |
R2 | 0.0250 | 0.00000000 % | ||
R1 | 0.0250 | 0.00000000 % | ||
Current price: | 0.0250 | |||
Support | S1 | 0.0250 | 0.00000000 % | |
S2 | 0.0250 | 0.00000000 % | ||
S3 | 0.0250 | 0.00000000 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0.0300 | 20.00 % | ||
Current price | 0.0250 | |||
Support | S1 | 0.0200 | -20.00% | |
S2 | 0 | . | ||
S3 | 0 | . |
FAQ
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