Xbp Europe Holdings, Inc. Stock Forecast

High volatility in Xbp Europe Holdings, Inc. stock price on Wednesday which ended trading at $1.57
(Updated on Jul 03, 2024)

XBP 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 Xbp Europe Holdings, Inc. 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 $1.61 and $1.72. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 27, 2024, and so far it has fallen -18.65%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Xbp Europe Holdings, Inc. stock

Xbp Europe Holdings, Inc. finds support from accumulated volume at $1.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.230 between high and low, or 14.65%. For the last week the stock has had daily average volatility of 32.75%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (XBP) For The Upcoming Trading Day Of Friday 5th

For the upcoming trading day on Friday, 5th we expect Xbp Europe Holdings, Inc. to open at $1.65, and during the day (based on 14 day Average True Range), to move between $1.29 and $1.85, which gives a possible trading interval of +/-$0.281 (+/-17.87%) up or down from last closing price. If Xbp Europe Holdings, Inc. takes out the full calculated possible swing range there will be an estimated 35.73% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.50 (4.46%) than the resistance at $1.75 (11.46%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Xbp Europe Holdings, Inc. stock A Buy?

Xbp Europe Holdings, Inc. 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: -2.303 Sell Candidate Unchanged

Predicted Opening Price for Xbp Europe Holdings, Inc. of Friday, July 5, 2024

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