Voice Street USD Stock Forecast

Voice Street USD stock upgraded to Strong Buy Candidate.
(Updated on Jun 26, 2024)

VSTUSD Signals & Forecast

The Voice Street USD stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.0135 and $0.0119. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Saturday, May 25, 2024, and so far it has risen 78.20%. Further rise is indicated until a new top pivot has been found. Voice Street USD has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Voice Street USD stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.0134 and $0.0109. 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, Voice Street USD finds support just below today's level at $0.0134. If this is broken, then the next support from accumulated volume will be at $0.0109 and $0.0109.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0006 between high and low, or 3.96%. For the last week, the stock has had daily average volatility of 5.60%.

Our recommended stop-loss: $0.0136 (-3.74%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 35 days ago.)

Trading Expectations (VSTUSD) For The Upcoming Trading Day Of Thursday 27th

For the upcoming trading day on Thursday, 27th we expect Voice Street USD to open at $0.0143, and during the day (based on 14 day Average True Range), to move between $0.0133 and $0.0150, which gives a possible trading interval of +/-$0.0008 (+/-5.99%) up or down from last closing price. If Voice Street USD takes out the full calculated possible swing range there will be an estimated 11.97% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $0.0134, some $0.0008 (5.39%) from the current price of $0.0142, our system finds the risk reward attractive.

Is Voice Street USD stock A Buy?

Voice Street USD holds several positive signals and has broken the strong rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 6.963 Strong Buy Candidate Upgraded

Predicted Opening Price for Voice Street USD of Thursday, June 27, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.