Whiteheart USD Stock Forecast
Volatile ride for Whiteheart USD stock price on Thursday moving between $4,870.99 and $5,745.81
(Updated on Jul 04, 2024)
The Whiteheart USD stock price fell by -6.88% on the last day (Thursday, 4th Jul 2024) from $5,745.81 to $5,350.70. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 17.96% from a day low at $4,870.99 to a day high of $5,745.81. The price has fallen in 5 of the last 10 days and is down by -6.93% for this period. Volume has increased on the last day by 3 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 3 thousand shares were bought and sold for approximately $14.66 million.
The stock lies in the middle of a very wide and strong 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 11.73% during the next 3 months and, with a 90% probability hold a price between $5,433.63 and $7,760.41 at the end of this 3-month period.
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WHITEUSD Signals & Forecast
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. The Whiteheart USD stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $5,757.10 and $5,858.29. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Sunday, June 23, 2024, and so far it has fallen -10.24%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
A sell signal from a double top formation was found on Wednesday, May 29, 2024 with a target of $5,646.99. Despite whether the objective of the signal formation has been reached the stock may continue to fall.
Support, Risk & Stop-loss for Whiteheart USD stock
Whiteheart USD finds support from accumulated volume at $5,329.30 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 $874.82 between high and low, or 17.96%. For the last week, the stock has had daily average volatility of 7.91%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (WHITEUSD) For The Upcoming Trading Day Of Friday 5th
For the upcoming trading day on Friday, 5th we expect Whiteheart USD to open at $5,322.50, and during the day (based on 14 day Average True Range), to move between $4,929.16 and $5,772.23, which gives a possible trading interval of +/-$421.54 (+/-7.88%) up or down from last closing price. If Whiteheart USD takes out the full calculated possible swing range there will be an estimated 15.76% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $5,329.30 (0.40%) than the resistance at $5,790.24 (8.21%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Whiteheart USD stock A Buy?
The Whiteheart USD stock holds several negative signals and despite the positive trend, we believe Whiteheart USD will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.267 Sell Candidate Unchanged
Predicted Opening Price for Whiteheart USD of Friday, July 5, 2024
| Fair opening price July 5, 2024 | Current price |
|---|---|
| $5,322.50 ( 0.527%) | $5,350.70 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WHITEUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 6,197.32 | 15.82% |
| R2 | 5,863.13 | 9.58% |
| R1 | 5,656.68 | 5.72% |
| Price | 5,350.70 | |
| S1 | 4,988.32 | -6.77% |
| S2 | 4,781.86 | -10.63% |
| S3 | 4,447.68 | -16.88% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 6,584.58 | 23.06% |
| R2 | 6,082.11 | 13.67% |
| R1 | 5,790.24 | 8.21% |
| Price | 5,350.70 | |
| S1 | 5,329.30 | -0.400% |
| S2 | 5,149.72 | -3.76% |
| S3 | 5,118.31 | -4.34% |
FAQ
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