Ubiquitech Software Stock Forecast

Big movements in Ubiquitech Software stock price on Friday moving 9,900.00% between high and low
(Updated on May 17, 2024)

UBQU Signals & Forecast

Ubiquitech Software has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. 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. The Ubiquitech Software 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 $0.00005029 and $0.00006731. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 13, 2024, and so far it has fallen -50.00%. 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).

Support, Risk & Stop-loss for Ubiquitech Software 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 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 $0.000099 between high and low, or 9,900.00%. For the last week, the stock has had daily average volatility of 9,900.00%.

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

Trading Expectations (UBQU) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Ubiquitech Software to open at $0.00005033, and during the day (based on 14 day Average True Range), to move between -$0.00004451 and $0.0001, which gives a possible trading interval of +/-$0.00009451 (+/-189.02%) up or down from last closing price. If Ubiquitech Software takes out the full calculated possible swing range there will be an estimated 378.05% move between the lowest and the highest trading price during the day.

Is Ubiquitech Software stock A Buy?

Ubiquitech Software 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -4.654 Sell Candidate Upgraded

Predicted Opening Price for Ubiquitech Software of Monday, May 20, 2024

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