Unified Society Quantum USD Stock Forecast
Red day on Monday for Unified Society Quantum USD
(Updated on Jun 17, 2024)
No changes to the price of Unified Society Quantum USD stock on the last trading day (Monday, 17th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $1.03 to a day high of $1.03. The price has fallen in 6 of the last 10 days and is down by -4.19% for this period.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Unified Society Quantum USD stock with a 90% probability to be traded between $0.93 and $1.16 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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USXUSD Signals & Forecast
There are mixed signals in the stock today. The Unified Society Quantum USD 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 $1.05 and $1.07. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Sunday, June 16, 2024, and so far it has fallen 0%. 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).
Support, Risk & Stop-loss for Unified Society Quantum USD stock
Unified Society Quantum USD finds support from accumulated volume at $1.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 3.00%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (USXUSD) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Unified Society Quantum USD to open at $1.03, and during the day (based on 14 day Average True Range), to move between $0.99 and $1.07, which gives a possible trading interval of +/-$0.0423 (+/-4.11%) up or down from last closing price. If Unified Society Quantum USD takes out the full calculated possible swing range there will be an estimated 8.21% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $1.04 (0.97%) than the support at $1.00 (2.72%), 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 Unified Society Quantum USD stock A Buy?
Unified Society Quantum 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: -2.684 Sell Candidate Unchanged
Predicted Opening Price for Unified Society Quantum USD of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| $1.03 ( 0%) | $1.03 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for USXUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1.03 | - |
| R2 | 1.03 | - |
| R1 | 1.03 | - |
| Price | 1.03 | |
| S1 | 1.03 | - |
| S2 | 1.03 | - |
| S3 | 1.03 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1.11 | 7.77% |
| R2 | 1.04 | 1.36% |
| R1 | 1.04 | 0.97% |
| Price | 1.03 | |
| S1 | 1.00 | -2.72% |
| S2 | 1.00 | -3.30% |
| S3 | 0.99 | -3.49% |
FAQ
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