Silva Token USD Stock Forecast

Red day on Tuesday for Silva Token USD
(Updated on Jun 25, 2024)

SILVAUSD Signals & Forecast

There are few to no technical positive signals at the moment. The Silva Token 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 $0.00000000 and $0.00000000. 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 06, 2024, and so far it has fallen -18.58%. 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 along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Silva Token USD 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 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 $0.00000000 between high and low, or 3.38%. For the last week the stock has had daily average volatility of 2.01%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SILVAUSD) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Silva Token USD to open at $0.00000000, and during the day (based on 14 day Average True Range), to move between $0.00000000 and $0.00000000, which gives a possible trading interval of +/-$0.00000000 (+/-6.47%) up or down from last closing price. If Silva Token USD takes out the full calculated possible swing range there will be an estimated 12.94% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.00000000, some $0.00000000 (8.05%) from the current price of $0.00000000, our system finds the risk reward not very attractive.

Is Silva Token USD stock A Buy?

Silva Token USD holds several negative signals and is within a 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: -4.403 Sell Candidate Unchanged

Predicted Opening Price for Silva Token USD of Wednesday, June 26, 2024

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