World Health Energy Holdings, Inc. Stock Forecast

High volatility in World Health Energy Holdings, Inc. stock price on Friday which ended trading at $0.0002
(Updated on May 17, 2024)

WHEN Signals & Forecast

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. The World Health Energy Holdings, Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.0002. On a fall, the stock will find some support from the short-term average at $0.0002. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. 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.

Buy

Special Signal Notification

Double Bottom Formation

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 0% to $0.0002 within 6 trading days since signal was issued (Monday, May 20, 2024).

Support, Risk & Stop-loss for World Health Energy Holdings, Inc. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0001 between high and low, or 101.00%. For the last week, the stock has had daily average volatility of 90.20%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (WHEN) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect World Health Energy Holdings, Inc. to open at $0.0002, and during the day (based on 14 day Average True Range), to move between $0.00009867 and $0.0003, which gives a possible trading interval of +/-$0.0001 (+/-50.67%) up or down from last closing price. If World Health Energy Holdings, Inc. takes out the full calculated possible swing range there will be an estimated 101.33% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.0002, some $0.000001 (0.50%) from the current price of $0.0002, our system finds the risk reward not very attractive.

Is World Health Energy Holdings, Inc. stock A Buy?

World Health Energy Holdings, 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -3.542 Sell Candidate Downgraded

Predicted Opening Price for World Health Energy Holdings, Inc. of Monday, May 20, 2024

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