VizConnect, Inc. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Volatile ride for VizConnect, Inc. stock price on Friday moving between $0.0003 and $0.0004
(Updated on May 17, 2024)
No changes to the price of VizConnect, Inc. stock on the last trading day (Friday, 17th May 2024). During the last trading day the stock fluctuated 33.33% from a day low at $0.0003 to a day high of $0.0004. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
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 -2.69% during the next 3 months and, with a 90% probability hold a price between $0.0002 and $0.0005 at the end of this 3-month period.
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VIZC Signals & Forecast
The VizConnect, Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $0.0004 and $0.0004. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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. A sell signal was issued from a pivot top point on Monday, May 06, 2024, and so far it has fallen -20.00%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for VizConnect, Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0004 and $0.0004. 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, VizConnect, Inc. finds support just below today's level at $0.0004. If this is broken, then the next support from accumulated volume will be at $0.0004 and $0.0003.
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 $0.0001 between high and low, or 33.33%. For the last week, the stock has had daily average volatility of 21.71%.
Our recommended stop-loss: $0.0004 (-5.90%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 9 days ago.)
Trading Expectations (VIZC) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect VizConnect, Inc. to open at $0.0004, and during the day (based on 14 day Average True Range), to move between $0.0003 and $0.0005, which gives a possible trading interval of +/-$0.00008742 (+/-21.85%) up or down from last closing price. If VizConnect, Inc. takes out the full calculated possible swing range there will be an estimated 43.71% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.0004 (10.00%) than the support at $0.0004 (10.00%), 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 VizConnect, Inc. stock A Buy?
VizConnect, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.802 Hold/Accumulate Unchanged
Predicted Opening Price for VizConnect, Inc. of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| $0.0004 ( 8.33%) | $0.0004 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VIZC
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0005 | 16.67 % | |
| R2 | 0.0004 | 7.12 % | ||
| R1 | 0.0004 | 1.22 % | ||
| Current price: | 0.0004 | |||
| Support | S1 | 0.0003 | -17.88 % | |
| S2 | 0.0003 | -23.78 % | ||
| S3 | 0.0003 | -33.33 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0005 | 15.00 % | |
| R2 | 0.0005 | 12.50 % | ||
| R1 | 0.0004 | 10.00 % | ||
| Current price | 0.0004 | |||
| Support | S1 | 0.0004 | -10.00% | |
| S2 | 0.0004 | -12.50% | ||
| S3 | 0.0003 | -24.75% |
FAQ
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