Young Boys Fan Token USD Stock Forecast
Big movements in Young Boys Fan Token USD stock price on Thursday moving 13.19% between high and low
(Updated on Jun 27, 2024)
The Young Boys Fan Token USD stock price fell by -11.05% on the last day (Thursday, 27th Jun 2024) from $0.304 to $0.270. During the last trading day the stock fluctuated 13.19% from a day low at $0.256 to a day high of $0.290. The price has been going up and down for this period, and there has been a 5.39% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -22 shares and in total, 15 shares were bought and sold for approximately $4.05 .
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 -35.45% during the next 3 months and, with a 90% probability hold a price between $0.134 and $0.227 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.
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YBOUSD 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 Young Boys Fan Token USD 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 $0.273 and $0.310. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, June 26, 2024, and so far it has fallen -11.05%. 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 Young Boys Fan Token USD stock
Young Boys Fan Token USD finds support from accumulated volume at $0.267 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 much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.0338 between high and low, or 13.19%. For the last week the stock has had daily average volatility of 16.65%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (YBOUSD) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect Young Boys Fan Token USD to open at $0.272, and during the day (based on 14 day Average True Range), to move between $0.230 and $0.310, which gives a possible trading interval of +/-$0.0399 (+/-14.76%) up or down from last closing price. If Young Boys Fan Token USD takes out the full calculated possible swing range there will be an estimated 29.52% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.267 (1.05%) than the resistance at $0.317 (17.48%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Young Boys Fan Token USD stock A Buy?
Young Boys Fan Token USD 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: -4.130 Sell Candidate Unchanged
Predicted Opening Price for Young Boys Fan Token USD of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| $0.272 ( 0.606%) | $0.270 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for YBOUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.306 | 13.10% |
| R2 | 0.293 | 8.33% |
| R1 | 0.285 | 5.38% |
| Price | 0.270 | |
| S1 | 0.259 | -4.17% |
| S2 | 0.251 | -7.11% |
| S3 | 0.238 | -11.89% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.328 | 21.44% |
| R2 | 0.324 | 19.94% |
| R1 | 0.317 | 17.48% |
| Price | 0.270 | |
| S1 | 0.267 | -1.05% |
| S2 | 0.257 | -4.84% |
| S3 | 0.256 | -5.12% |
FAQ
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