UBXS Token USD Stock Forecast
UBXS Token USD stock price ended at $0.191 on Thursday, after losing 0.339%.
(Updated on Jun 27, 2024)
The UBXS Token USD stock price fell by -0.339% on the last day (Thursday, 27th Jun 2024) from $0.192 to $0.191. During the last trading day the stock fluctuated 2.98% from a day low at $0.189 to a day high of $0.195. The price has fallen in 6 of the last 10 days and is down by -1.86% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -7 thousand shares and in total, 133 thousand shares were bought and sold for approximately $25.42 thousand.
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 $0.148 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -36.31% during the next 3 months and, with a 90% probability hold a price between $0.0945 and $0.251 at the end of this 3-month period.
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UBXSUSD Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, June 20, 2024, and so far it has risen 15.45%. Further rise is indicated until a new top pivot has been found. 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 UBXS Token USD stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.240. On a fall, the stock will find some support from the short-term average at $0.183. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. 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 UBXS Token USD stock
UBXS Token USD finds support from accumulated volume at $0.182 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 $0.0056 between high and low, or 2.98%. For the last week the stock has had daily average volatility of 7.30%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (UBXSUSD) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect UBXS Token USD to open at $0.192, and during the day (based on 14 day Average True Range), to move between $0.165 and $0.218, which gives a possible trading interval of +/-$0.0268 (+/-14.00%) up or down from last closing price. If UBXS Token USD takes out the full calculated possible swing range there will be an estimated 28.00% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.192 (0.20%) than the support at $0.182 (4.82%), 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 UBXS Token USD stock A Buy?
UBXS Token USD holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -1.952 Sell Candidate Unchanged
Predicted Opening Price for UBXS Token USD of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| $0.192 ( 0.166%) | $0.191 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for UBXSUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.197 | 3.11% |
| R2 | 0.195 | 1.98% |
| R1 | 0.194 | 1.29% |
| Price | 0.191 | |
| S1 | 0.189 | -0.96% |
| S2 | 0.188 | -1.65% |
| S3 | 0.186 | -2.78% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.237 | 23.86% |
| R2 | 0.230 | 20.34% |
| R1 | 0.192 | 0.204% |
| Price | 0.191 | |
| S1 | 0.182 | -4.82% |
| S2 | 0.174 | -9.20% |
| S3 | 0.166 | -13.38% |
FAQ
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