ViaDerma, Inc. Stock Forecast
Red day on Monday for ViaDerma, Inc. stock after losing 0%
(Updated on Jun 24, 2024)
No changes to the price of ViaDerma, Inc. stock on the last trading day (Monday, 24th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0055 to a day high of $0.0055. The price has fallen in 4 of the last 10 days and is down by -20.29% for this period.
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 -54.65% during the next 3 months and, with a 90% probability hold a price between $0.0016 and $0.0028 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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VDRM Signals & Forecast
There are mixed signals in the stock today. The ViaDerma, Inc. 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 $0.0057 and $0.0070. 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 Friday, June 21, 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 ViaDerma, Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0051. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the stock price.
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 7.45%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VDRM) For The Upcoming Trading Day Of Tuesday 25th
For the upcoming trading day on Tuesday, 25th we expect ViaDerma, Inc. to open at $0.0055, and during the day (based on 14 day Average True Range), to move between $0.0047 and $0.0063, which gives a possible trading interval of +/-$0.0008 (+/-14.25%) up or down from last closing price. If ViaDerma, Inc. takes out the full calculated possible swing range there will be an estimated 28.51% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0051 (7.27%) than the resistance at $0.0065 (18.18%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is ViaDerma, Inc. stock A Buy?
ViaDerma, Inc. 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: -2.002 Sell Candidate Unchanged
Predicted Opening Price for ViaDerma, Inc. of Tuesday, June 25, 2024
| Fair opening price June 25, 2024 | Current price |
|---|---|
| $0.0055 ( 0.00000000%) | $0.0055 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VDRM
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0055 | 0.00000000% |
| R2 | 0.0055 | 0.00000000% |
| R1 | 0.0055 | 0.00000000% |
| Price | 0.0055 | |
| S1 | 0.0055 | 0.00000000% |
| S2 | 0.0055 | 0.00000000% |
| S3 | 0.0055 | 0.00000000% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0067 | 20.91% |
| R2 | 0.0066 | 20.00% |
| R1 | 0.0065 | 18.18% |
| Price | 0.0055 | |
| S1 | 0.0051 | -7.27% |
| S2 | 0 | - |
| S3 | 0 | - |
FAQ
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