Xbp Europe Holdings, Inc. Stock Forecast

On Monday, Xbp Europe Holdings, Inc. stock price gained an impressive 32.12%
(Updated on Jun 17, 2024)

XBPEW Signals & Forecast

There are mixed signals in the stock today. The Xbp Europe Holdings, Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.0570. On a fall, the stock will find some support from the short-term average at $0.0352. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Tuesday, May 07, 2024, and so far it has fallen -69.28%. 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). Xbp Europe Holdings, 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.

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

Xbp Europe Holdings, Inc. finds support from accumulated volume at $0.0390 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 a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0004 between high and low, or 1.00%. For the last week, the stock has had daily average volatility of 0.399%.

Our recommended stop-loss: $0.0375 (-6.04%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 28 days ago.)

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

For the upcoming trading day on Tuesday, 18th we expect Xbp Europe Holdings, Inc. to open at $0.0400, and during the day (based on 14 day Average True Range), to move between $0.0261 and $0.0537, which gives a possible trading interval of +/-$0.0138 (+/-34.64%) 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 69.28% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.0403 (1.00%) than the support at $0.0390 (2.26%), 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 Xbp Europe Holdings, Inc. stock A Buy?

Xbp Europe Holdings, 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.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Xbp Europe Holdings, Inc. of Tuesday, June 18, 2024

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