Therapeutic Solutions International, Stock Forecast
Big movements in Therapeutic Solutions International, stock price on Monday moving 12.50% between high and low
(Updated on Jun 17, 2024)
No changes to the price of Therapeutic Solutions International, stock on the last trading day (Monday, 17th Jun 2024). During the last trading day the stock fluctuated 12.50% from a day low at $0.0008 to a day high of $0.0009. The price has been going up and down for this period, and there has been a -11.11% loss for the last 2 weeks.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -7.34% during the next 3 months and, with a 90% probability hold a price between $0.0004 and $0.0008 at the end of this 3-month period.
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TSOI Signals & Forecast
The Therapeutic Solutions International, stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $0.0008. On a fall, the stock will find some support from the long-term average at approximately $0.0007. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. 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 Wednesday, June 12, 2024, and so far it has fallen -11.11%. Further fall is indicated until a new bottom pivot has been found.
A sell signal from a double top formation was found on Wednesday, June 12, 2024 and based on theory for this formation the price should fall by -37.50% to $0.0005 within 15 trading days since signal was issued (Tuesday, June 18, 2024).
Support, Risk & Stop-loss for Therapeutic Solutions International, stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0008 and $0.0007. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Therapeutic Solutions International, finds support just below today's level at $0.0008. If this is broken, then the next support from accumulated volume will be at $0.0007 and $0.0007.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0001 between high and low, or 12.50%. For the last week, the stock has had daily average volatility of 7.50%.
Our recommended stop-loss: $0.0008 (-5.88%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 4 days ago.)
Trading Expectations (TSOI) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Therapeutic Solutions International, Inc. to open at $0.0008, and during the day (based on 14 day Average True Range), to move between $0.0006 and $0.0010, which gives a possible trading interval of +/-$0.0002 (+/-19.82%) up or down from last closing price. If Therapeutic Solutions International, Inc. takes out the full calculated possible swing range there will be an estimated 39.63% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.0009 (6.25%) than the support at $0.0008 (6.25%), 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 Therapeutic Solutions International, Inc. stock A Buy?
Therapeutic Solutions International, holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.423 Hold/Accumulate Upgraded
Predicted Opening Price for Therapeutic Solutions International, Inc. of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| $0.0008 ( 4.17%) | $0.0008 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TSOI
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0009 | 16.67% |
| R2 | 0.0009 | 11.89% |
| R1 | 0.0009 | 8.94% |
| Price | 0.0008 | |
| S1 | 0.0008 | -0.608% |
| S2 | 0.0008 | -3.56% |
| S3 | 0.0007 | -8.33% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0009 | 12.50% |
| R2 | 0.0009 | 12.38% |
| R1 | 0.0009 | 6.25% |
| Price | 0.0008 | |
| S1 | 0.0008 | -6.25% |
| S2 | 0.0007 | -12.50% |
| S3 | 0.0007 | -12.63% |
FAQ
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