Winners, Inc. Stock Forecast
Big movements in Winners, Inc. stock price on Wednesday moving 45.45% between high and low
(Updated on Mar 27, 2024)
The Winners, Inc. stock price gained 14.75% on the last trading day (Wednesday, 27th Mar 2024), rising from $0.0012 to $0.0014. During the last trading day the stock fluctuated 45.45% from a day low at $0.0011 to a day high of $0.0016. The price has risen in 4 of the last 10 days and is up by 24.56% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 245 thousand more shares were traded than the day before. In total, 248 thousand shares were bought and sold for approximately $346.68 .
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 -12.68% during the next 3 months and, with a 90% probability hold a price between $0.0008 and $0.0013 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
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 $0.0012. 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). Winners, Inc. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. 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. A sell signal was issued from a pivot top point on Monday, March 25, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Winners, Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0013 and $0.0012. 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 $0.0013. If this is broken, then the next support from accumulated volume will be at $0.0012 and $0.0011.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.0005 between high and low, or 45.45%. For the last week, the stock has had daily average volatility of 9.09%.
Our recommended stop-loss: $0.0013 (-3.80%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (WNRS) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect Winners, Inc. to open at $0.0014, and during the day (based on 14 day Average True Range), to move between $0.0013 and $0.0015, which gives a possible trading interval of +/-$0.0001 (+/-8.05%) up or down from last closing price. If Winners, Inc. takes out the full calculated possible swing range there will be an estimated 16.11% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.0015 (7.14%) than the support at $0.0013 (10.71%), 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 Winners, Inc. stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 2.528 Buy Candidate Upgraded
Predicted Opening Price for Winners, Inc. of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
$0.0014 ( 2.38%) | $0.0014 |
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 | 0.0019 | 33.33 % | |
R2 | 0.0017 | 19.69 % | ||
R1 | 0.0016 | 11.26 % | ||
Current price: | 0.0014 | |||
Support | S1 | 0.0012 | -16.02 % | |
S2 | 0.0011 | -24.45 % | ||
S3 | 0.0009 | -38.10 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.0017 | 21.43 % | |
R2 | 0.0017 | 20.00 % | ||
R1 | 0.0015 | 7.14 % | ||
Current price | 0.0014 | |||
Support | S1 | 0.0013 | -10.71% | |
S2 | 0.0012 | -14.29% | ||
S3 | 0.0011 | -21.43% |
FAQ
Click here for our free guide on how to buy Winners, Inc. Stock.