World Mobile Token USD Stock Forecast
Red day on Monday for World Mobile Token USD stock after losing 0%
(Updated on Jun 24, 2024)
No changes to the price of World Mobile Token USD stock on the last trading day (Monday, 24th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.270 to a day high of $0.270. The price has fallen in 5 of the last 10 days but is still up by 1.13% 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 -2.04% during the next 3 months and, with a 90% probability hold a price between $0.207 and $0.411 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.
WMTUSD Signals & Forecast
A buy signal was issued from a pivot bottom point on Sunday, June 23, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The World Mobile Token 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 $0.270 and $0.290. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 World Mobile Token USD stock
World Mobile Token USD finds support from accumulated volume at $0.268 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 4.33%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (WMTUSD) For The Upcoming Trading Day Of Tuesday 25th
For the upcoming trading day on Tuesday, 25th we expect World Mobile Token USD to open at $0.270, and during the day (based on 14 day Average True Range), to move between $0.256 and $0.284, which gives a possible trading interval of +/-$0.0139 (+/-5.14%) up or down from last closing price. If World Mobile Token USD takes out the full calculated possible swing range there will be an estimated 10.28% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.271 (0.28%) than the support at $0.268 (0.71%), 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 World Mobile Token USD stock A Buy?
World Mobile Token USD holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -1.238 Sell Candidate Unchanged
Predicted Opening Price for World Mobile Token USD of Tuesday, June 25, 2024
Fair opening price June 25, 2024 | Current price |
---|---|
$0.270 ( 0%) | $0.270 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WMTUSD
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.270 | - |
R2 | 0.270 | - |
R1 | 0.270 | - |
Price | 0.270 | |
S1 | 0.270 | - |
S2 | 0.270 | - |
S3 | 0.270 | - |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.311 | 15.09% |
R2 | 0.305 | 13.00% |
R1 | 0.271 | 0.278% |
Price | 0.270 | |
S1 | 0.268 | -0.711% |
S2 | 0.222 | -17.76% |
S3 | 0.222 | -17.85% |
FAQ
Click here for our free guide on how to buy World Mobile Token USD Stock.