United Communications Partners Inc. Stock Forecast

Big movements in United Communications Partners Inc. stock price on Monday moving 11.54% between high and low
(Updated on Jun 17, 2024)

UCPA Signals & Forecast

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. The United Communications Partners Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $0.0031 and $0.0029. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, June 11, 2024, and so far it has fallen -25.71%. 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 United Communications Partners Inc. stock

United Communications Partners Inc. finds support from accumulated volume at $0.0025 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 much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.0003 between high and low, or 11.54%. For the last week, the stock has had daily average volatility of 11.42%.

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

Trading Expectations (UCPA) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect United Communications Partners Inc. to open at $0.0027, and during the day (based on 14 day Average True Range), to move between $0.0023 and $0.0029, which gives a possible trading interval of +/-$0.0003 (+/-11.06%) up or down from last closing price. If United Communications Partners Inc. takes out the full calculated possible swing range there will be an estimated 22.12% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0025 (3.85%) than the resistance at $0.0027 (3.85%), 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 Communications Partners Inc. stock A Buy?

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

Current score: -5.188 Strong Sell Candidate Unchanged

Predicted Opening Price for United Communications Partners Inc. of Tuesday, June 18, 2024

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