RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of USGD.CN
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Volatile ride for American Pacific Mining Corp. stock price on Wednesday moving between $0.195 and $0.240
(Updated on Mar 27, 2024)

Sell candidate since Mar 27, 2024 PDF

The American Pacific Mining Corp. stock price fell by -4.35% on the last day (Wednesday, 27th Mar 2024) from $0.230 to $0.220. During the last trading day the stock fluctuated 23.08% from a day low at $0.195 to a day high of $0.240. The price has been going up and down for this period, and there has been a -8.33% loss for the last 2 weeks. Volume has increased on the last day by 329 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 346 thousand shares were bought and sold for approximately $76.09 thousand.

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 -24.06% during the next 3 months and, with a 90% probability hold a price between $0.116 and $0.204 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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USGD.CN Signals & Forecast

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 American Pacific Mining Corp. 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 $0.227 and $0.224. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, March 15, 2024, and so far it has fallen -8.33%. Further fall is indicated until a new bottom pivot has been found. American Pacific Mining Corp. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for American Pacific Mining Corp. stock

American Pacific Mining Corp. finds support from accumulated volume at $0.215 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0450 between high and low, or 23.08%. For the last week, the stock has had daily average volatility of 8.69%.

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

Trading Expectations (USGD.CN) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect American Pacific Mining Corp. to open at $0.218, and during the day (based on 14 day Average True Range), to move between $0.200 and $0.240, which gives a possible trading interval of +/-$0.0197 (+/-8.97%) up or down from last closing price. If American Pacific Mining Corp. takes out the full calculated possible swing range there will be an estimated 17.93% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.215 (2.27%) than the resistance at $0.230 (4.55%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is American Pacific Mining Corp. stock A Buy?

American Pacific Mining Corp. 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.827 Sell Candidate Downgraded

Predicted Opening Price for American Pacific Mining Corp. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$0.218 ( 0.758%) $0.220

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

Trading levels for USGD.CN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.263 19.70 %
R2 0.246 11.88 %
R1 0.236 7.06 %
Current price: 0.220
Support S1 0.201 -8.57 %
S2 0.191 -13.40 %
S3 0.173 -21.21 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.240 9.09 %
R2 0.235 6.82 %
R1 0.230 4.55 %
Current price 0.220
Support S1 0.215 -2.27%
S2 0.210 -4.55%
S3 0.180 -18.18%

FAQ

What is the symbol for American Pacific Mining Corp. Stock and on which exchange is it traded?
The symbol for American Pacific Mining Corp. is USGD.CN and it is traded on the CNQ (Canadian Securities Exchange).

Should I buy or sell American Pacific Mining Corp. Stock?
American Pacific Mining Corp. 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy American Pacific Mining Corp. Stock?
American Pacific Mining Corp. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy American Pacific Mining Corp. Stock.

What's the current price of American Pacific Mining Corp. Stock?
As of the end of day on the 2024-03-27, the price of an American Pacific Mining Corp. (USGD.CN) share was $0.220.

What is the 52-week high and low for American Pacific Mining Corp. Stock?
The 52-week high for American Pacific Mining Corp. Stock is $0.425 and the 52-week low is $0.170.

What is the market capitalization of American Pacific Mining Corp. Stock?
As of the 2024-03-27, the market capitalization of American Pacific Mining Corp. is 43.249M.

When is the next earnings date for American Pacific Mining Corp.?
The upcoming earnings date for American Pacific Mining Corp. is Apr 29, 2024.
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About American Pacific Mining Corp.

American Pacific Mining . American Pacific Mining Corp., a gold exploration company, engages in the exploration and development of mineral properties in the Western United States. The company primarily explores for gold and silver deposits. It owns 100% interest in the Gooseberry project, which consist of 42 unpatented claims covering an area of approximately 708 acres located in Storey Nevada, the United States. The company was incorporated in 2017 and is headquartered i... USGD.CN Profile

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