Winners, Inc. Stock Forecast
Evaluation of Winners, Inc. stock downgraded after the last trading session.
(Updated on Apr 18, 2024)
No changes to the price of Winners, Inc. stock on the last trading day (Thursday, 18th Apr 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0018 to a day high of $0.0018. The price has been going up and down for this period, and there has been a 28.57% gain for the last 2 weeks.
The stock lies in the upper part of a very wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $0.0018 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 4.02% during the next 3 months and, with a 90% probability hold a price between $0.0011 and $0.0019 at the end of this 3-month period.
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WNRS Signals & Forecast
The Winners, 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 $0.0014 and $0.0013. A breakdown below any of these levels will issue sell signals. 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 Wednesday, April 17, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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 Winners, Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0017 and $0.0015. 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, Winners, Inc. finds support just below today's level at $0.0017. If this is broken, then the next support from accumulated volume will be at $0.0015 and $0.0014.
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 18.18%
Our recommended stop-loss: $0.0017 (-3.60%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (WNRS) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Winners, Inc. to open at $0.0018, and during the day (based on 14 day Average True Range), to move between $0.0017 and $0.0019, which gives a possible trading interval of +/-$0.0001 (+/-6.05%) up or down from last closing price. If Winners, Inc. takes out the full calculated possible swing range there will be an estimated 12.10% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $0.0017, some $0.0001 (5.56%) from the current price of $0.0018, our system finds the risk reward attractive.
Is Winners, Inc. stock A Buy?
Winners, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Hold/Accumulate candidate.
Current score: 0.674 Hold/Accumulate Downgraded
Predicted Opening Price for Winners, Inc. of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $0.0018 ( 0.00000000%) | $0.0018 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WNRS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0018 | 0.00000000 % | |
| R2 | 0.0018 | 0.00000000 % | ||
| R1 | 0.0018 | 0.00000000 % | ||
| Current price: | 0.0018 | |||
| Support | S1 | 0.0018 | 0.00000000 % | |
| S2 | 0.0018 | 0.00000000 % | ||
| S3 | 0.0018 | 0.00000000 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 0.0018 | |||
| Support | S1 | 0.0017 | -5.56% | |
| S2 | 0.0015 | -16.67% | ||
| S3 | 0.0014 | -22.22% |
FAQ
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