Tr3zor USD Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Tr3zor USD stock price down 0% on Saturday
(Updated on Jun 29, 2024)
No changes to the price of Tr3zor USD stock on the last trading day (Saturday, 29th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.00005 to a day high of $0.00005. The price has fallen in 4 of the last 10 days and is down by -39.76% for this period.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.00003237 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -6.91% during the next 3 months and, with a 90% probability hold a price between $0.00003013 and $0.0003 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
TR3USD Signals & Forecast
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. The Tr3zor 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 $0.000054 and $0.00007877. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 31, 2024, and so far it has fallen -83.16%. Further fall is indicated until a new bottom pivot has been found. 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 Tr3zor USD stock
Tr3zor USD finds support from accumulated volume at $0.000049 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 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 10.40%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (TR3USD) For The Upcoming Trading Day Of Sunday 30th
For the upcoming trading day on Sunday, 30th we expect Tr3zor USD to open at $0.00005, and during the day (based on 14 day Average True Range), to move between $0.00002818 and $0.00007182, which gives a possible trading interval of +/-$0.00002182 (+/-43.64%) up or down from last closing price. If Tr3zor USD takes out the full calculated possible swing range there will be an estimated 87.28% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.000049 (2.00%) than the resistance at $0.000058 (16.00%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Tr3zor USD stock A Buy?
Tr3zor 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: -6.858 Strong Sell Candidate Unchanged
Predicted Opening Price for Tr3zor USD of Sunday, June 30, 2024
| Fair opening price June 30, 2024 | Current price |
|---|---|
| $0.00005 ( 0%) | $0.00005 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TR3USD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.00005 | - |
| R2 | 0.00005 | - |
| R1 | 0.00005 | - |
| Price | 0.00005 | |
| S1 | 0.00005 | - |
| S2 | 0.00005 | - |
| S3 | 0.00005 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.000062 | 24.00% |
| R2 | 0.000061 | 22.00% |
| R1 | 0.000058 | 16.00% |
| Price | 0.00005 | |
| S1 | 0.000049 | -2.00% |
| S2 | 0 | - |
| S3 | 0 | - |
FAQ
Click here for our free guide on how to buy Tr3zor USD Stock.
