United States Antimony Corp Stock Forecast

Volatile ride for United States Antimony Corp stock price on Friday moving between $0.215 and $0.236
(Updated on Apr 26, 2024)

UAMY Signals & Forecast

There are few to no technical positive signals at the moment. The United States Antimony Corp 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 $0.240 and $0.251. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 20, 2024, and so far it has fallen -21.02%. 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 United States Antimony Corp stock

United States Antimony Corp finds support from accumulated volume at $0.220 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 $0.0215 between high and low, or 10.00%. For the last week the stock has had daily average volatility of 7.55%.

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

Trading Expectations (UAMY) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect United States Antimony Corp to open at $0.225, and during the day (based on 14 day Average True Range), to move between $0.205 and $0.245, which gives a possible trading interval of +/-$0.0199 (+/-8.86%) up or down from last closing price. If United States Antimony Corp takes out the full calculated possible swing range there will be an estimated 17.72% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.220 (2.13%) than the resistance at $0.232 (3.07%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is United States Antimony Corp stock A Buy?

The United States Antimony Corp stock holds several negative signals and despite the positive trend, we believe United States Antimony Corp will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.281 Sell Candidate Unchanged

Predicted Opening Price for United States Antimony Corp of Monday, April 29, 2024

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