VIREXIT TECHNOLOGIES INC Stock Forecast
Volatile ride for VIREXIT TECHNOLOGIES INC stock price on Friday moving between $0.0008 and $0.0010
(Updated on May 17, 2024)
No changes to the price of VIREXIT TECHNOLOGIES INC stock on the last trading day (Friday, 17th May 2024). During the last trading day the stock fluctuated 25.00% from a day low at $0.0008 to a day high of $0.0010. The price has been going up and down for this period, and there has been a 12.5% gain for the last 2 weeks.
The stock lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.59% during the next 3 months and, with a 90% probability hold a price between $0.0007 and $0.0012 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
VXIT Signals & Forecast
The VIREXIT TECHNOLOGIES INC 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 $0.0009 and $0.0009. 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). 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 Tuesday, May 07, 2024, and so far it has fallen -10.00%. Further fall is indicated until a new bottom pivot has been found. 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.
Support, Risk & Stop-loss for VIREXIT TECHNOLOGIES INC stock
VIREXIT TECHNOLOGIES INC finds support from accumulated volume at $0.0009 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.0002 between high and low, or 25.00%. For the last week the stock has had daily average volatility of 23.93%.
Our recommended stop-loss: $0.0008 (-5.74%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 8 days ago.)
Trading Expectations (VXIT) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect VIREXIT TECHNOLOGIES INC to open at $0.0009, and during the day (based on 14 day Average True Range), to move between $0.0007 and $0.0011, which gives a possible trading interval of +/-$0.0002 (+/-18.35%) up or down from last closing price. If VIREXIT TECHNOLOGIES INC takes out the full calculated possible swing range there will be an estimated 36.70% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0009 (3.33%) than the resistance at $0.0010 (11.11%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is VIREXIT TECHNOLOGIES INC stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for VIREXIT TECHNOLOGIES INC stock to perform well in the short-term.
Current score: 3.005 Buy Candidate Unchanged
Predicted Opening Price for VIREXIT TECHNOLOGIES INC of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| $0.0009 ( 0.00000000%) | $0.0009 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VXIT
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0011 | 22.22 % | |
| R2 | 0.0010 | 13.73 % | ||
| R1 | 0.0010 | 8.49 % | ||
| Current price: | 0.0009 | |||
| Support | S1 | 0.0008 | -8.49 % | |
| S2 | 0.0008 | -13.73 % | ||
| S3 | 0.0007 | -22.22 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0.0011 | 22.22 % | ||
| R1 | 0.0010 | 11.11 % | ||
| Current price | 0.0009 | |||
| Support | S1 | 0.0009 | -3.33% | |
| S2 | 0.0008 | -11.11% | ||
| S3 | 0.0007 | -22.22% |
FAQ
Click here for our free guide on how to buy VIREXIT TECHNOLOGIES INC Stock.
