Viper Networks, 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 Viper Networks, Inc. stock price on Friday moving between $0.0003 and $0.0004
(Updated on May 17, 2024)
No changes to the price of Viper Networks, 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 risen in 5 of the last 10 days and is up by 14.29% over the past 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 -11.83% during the next 3 months and, with a 90% probability hold a price between $0.0002 and $0.0004 at the end of this 3-month period.
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VPER Signals & Forecast
The Viper Networks, 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 Thursday, May 16, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found.
A buy signal from a double bottom formation was found on Monday, May 13, 2024 and based on theory for this formation the price should go up by 5.00% to $0.0004 within 10 trading days since signal was issued (Monday, May 20, 2024).
Support, Risk & Stop-loss for Viper Networks, Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0004 and $0.0003. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.0003 may give a huge drop in the stock price.
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 33.33%.
Our recommended stop-loss: $0.0004 (-3.76%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (VPER) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Viper Networks, 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 +/-$0.0001 (+/-26.50%) up or down from last closing price. If Viper Networks, Inc. takes out the full calculated possible swing range there will be an estimated 53.00% 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 (12.50%), 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 Viper Networks, Inc. stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score: 1.106 Buy Candidate Unchanged
Predicted Opening Price for Viper Networks, 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 VPER
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 | . | |
| R2 | 0.0005 | 12.50 % | ||
| R1 | 0.0004 | 10.00 % | ||
| Current price | 0.0004 | |||
| Support | S1 | 0.0004 | -12.50% | |
| S2 | 0.0003 | -15.00% | ||
| S3 | 0 | . |
FAQ
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