Vaycaychella Inc. Stock Forecast
Volatile ride for Vaycaychella Inc. stock price on Friday moving between $0.0008 and $0.0011
(Updated on May 03, 2024)
The Vaycaychella Inc. stock price gained 25.00% on the last trading day (Friday, 3rd May 2024), rising from $0.0008 to $0.0010. During the last trading day the stock fluctuated 37.50% from a day low at $0.0008 to a day high of $0.0011. The price has risen in 4 of the last 10 days and is up by 17.65% over the past 2 weeks. Volume fell on the last day by -11 thousand shares and in total, 89 thousand shares were bought and sold for approximately $89.44 . You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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 -22.78% during the next 3 months and, with a 90% probability hold a price between $0.0004 and $0.0012 at the end of this 3-month period.
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VAYK Signals & Forecast
There are few to no technical positive signals at the moment. The Vaycaychella Inc. 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 $0.0011. On a fall, the stock will find some support from the short-term average at $0.0009. 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. A sell signal was issued from a pivot top point on Monday, April 29, 2024, and so far it has fallen -9.09%. 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). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
A buy signal from a double bottom formation was found on Wednesday, April 17, 2024 and based on theory for this formation the price should go up by 151.43% to $0.0025 within 21 trading days since signal was issued (Monday, May 06, 2024).
Support, Risk & Stop-loss for Vaycaychella Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0010 and $0.0009. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Vaycaychella Inc. finds support just below today's level at $0.0010. If this is broken, then the next support from accumulated volume will be at $0.0009 and $0.0008.
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 $0.0003 between high and low, or 37.50%. For the last week the stock has had daily average volatility of 42.86%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VAYK) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Vaycaychella Inc. to open at $0.0010, and during the day (based on 14 day Average True Range), to move between $0.0007 and $0.0013, which gives a possible trading interval of +/-$0.0003 (+/-33.37%) up or down from last closing price. If Vaycaychella Inc. takes out the full calculated possible swing range there will be an estimated 66.73% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0010 (5.00%) than the resistance at $0.0011 (10.00%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Vaycaychella Inc. stock A Buy?
Vaycaychella Inc. 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: -4.281 Sell Candidate Upgraded
Predicted Opening Price for Vaycaychella Inc. of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $0.0010 ( 3.33%) | $0.0010 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VAYK
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0013 | 26.67 % | |
| R2 | 0.0012 | 15.21 % | ||
| R1 | 0.0011 | 8.13 % | ||
| Current price: | 0.0010 | |||
| Support | S1 | 0.0009 | -14.79 % | |
| S2 | 0.0008 | -21.87 % | ||
| S3 | 0.0007 | -33.33 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0.0012 | 20.00 % | ||
| R1 | 0.0011 | 10.00 % | ||
| Current price | 0.0010 | |||
| Support | S1 | 0.0010 | -5.00% | |
| S2 | 0.0009 | -10.00% | ||
| S3 | 0.0008 | -20.00% |
FAQ
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