Singularity Future Technology Ltd. Stock Forecast

Buy or Hold candidate since May 20, 2025 Gain 20.76%

The Singularity Future Technology Ltd. stock price gained 6.73% on the last trading day (Wednesday, 11th Jun 2025), rising from $1.04 to $1.11. It has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.73% from a day low at $1.10 to a day high of $1.13. The price has risen in 7 of the last 10 days and is up by 27.44% over the past 2 weeks. Volume fell on the last day by -24 thousand shares and in total, 66 thousand shares were bought and sold for approximately $72.81 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 11.51% during the next 3 months and, with a 90% probability hold a price between $0.84 and $2.06 at the end of this 3-month period.

SGLY Signals & Forecast

The Singularity Future Technology Ltd. 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 $0.96 and $0.93. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Friday, March 21, 2025, and so far it has fallen -33.93%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Singularity Future Technology Ltd. stock

Singularity Future Technology Ltd. finds support from accumulated volume at $1.08 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0300 between high and low, or 2.73%. For the last week the stock has had daily average volatility of 5.57%.

Our recommended stop-loss: $1.05 (-5.26%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 56 days ago.)

Trading Expectations (SGLY) For The Upcoming Trading Day Of Thursday 12th

For the upcoming trading day on Thursday, 12th we expect Singularity Future Technology Ltd. to open at $1.11, and during the day (based on 14 day Average True Range), to move between $0.98 and $1.24, which gives a possible trading interval of +/-$0.134 (+/-12.08%) up or down from last closing price. If Singularity Future Technology Ltd. takes out the full calculated possible swing range there will be an estimated 24.17% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $1.12 (0.90%) than the support at $1.08 (2.70%), 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 Singularity Future Technology Ltd. stock A Buy?

Singularity Future Technology Ltd. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.461 Strong Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 12, 2025 - $1.11 ( 0.300%).

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