Wrapped Pepe USD Stock Forecast

Wrapped Pepe USD stock price ended at $0.0003 on Monday, after losing 0%.
(Updated on Jun 17, 2024)

WPEPEUSD Signals & Forecast

The Wrapped Pepe USD stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $0.0003. On a fall, the stock will find some support from the long-term average at approximately $0.0002. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Sunday, June 16, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. 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. 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 Wrapped Pepe USD stock

Wrapped Pepe USD finds support from accumulated volume at $0.0003 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 3.32%

Our recommended stop-loss: $0.0003 (-5.76%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 12 days ago.)

Trading Expectations (WPEPEUSD) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect Wrapped Pepe USD to open at $0.0003, and during the day (based on 14 day Average True Range), to move between $0.0003 and $0.0003, which gives a possible trading interval of +/-$0.00002883 (+/-8.99%) up or down from last closing price. If Wrapped Pepe USD takes out the full calculated possible swing range there will be an estimated 17.98% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0003 (0.30%) than the resistance at $0.0003 (0.63%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Wrapped Pepe USD stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Wrapped Pepe USD stock to perform well in the short-term.

Current score: 2.873 Buy Candidate Unchanged

Predicted Opening Price for Wrapped Pepe USD of Tuesday, June 18, 2024

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