YVS.Finance USD Stock Forecast
YVS.Finance USD stock upgraded from Strong Sell Candidate to Sell Candidate after Friday trading session.
(Updated on Jun 28, 2024)
The YVS.Finance USD stock price gained 0.514% on the last trading day (Friday, 28th Jun 2024), rising from $0.0004 to $0.0004. During the last trading day the stock fluctuated 0.771% from a day low at $0.0004 to a day high of $0.0004. The price has risen in 5 of the last 10 days but is still down by -19.71% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 more shares were traded than the day before. In total, 46 shares were bought and sold for approximately $0.0180 .
The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $0.0098 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Due to the high volatility and the trend direction we are not able to give forecast range for this stock.
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YVSUSD Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, June 27, 2024, and so far it has risen 0.514%. Further rise is indicated until a new top pivot has been found. YVS.Finance USD 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. The YVS.Finance 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 $0.0004 and $0.0005. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for YVS.Finance USD stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0003 and $0.0003. 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, YVS.Finance USD finds support just below today's level at $0.0003. If this is broken, then the next support from accumulated volume will be at $0.0003 and $0.0003.
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 $0.000003 between high and low, or 0.771%. For the last week, the stock has had daily average volatility of 2.95%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (YVSUSD) For The Upcoming Trading Day Of Saturday 29th
For the upcoming trading day on Saturday, 29th we expect YVS.Finance USD to open at $0.0004, and during the day (based on 14 day Average True Range), to move between $0.0003 and $0.0004, which gives a possible trading interval of +/-$0.00005646 (+/-14.44%) up or down from last closing price. If YVS.Finance USD takes out the full calculated possible swing range there will be an estimated 28.88% 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 (14.58%) than the resistance at $0.0005 (17.39%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is YVS.Finance USD stock A Buy?
YVS.Finance 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.
Current score: -3.756 Sell Candidate Upgraded
Predicted Opening Price for YVS.Finance USD of Saturday, June 29, 2024
| Fair opening price June 29, 2024 | Current price |
|---|---|
| $0.0004 ( 0.0853%) | $0.0004 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for YVSUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0004 | 0.682% |
| R2 | 0.0004 | 0.389% |
| R1 | 0.0004 | 0.208% |
| Price | 0.0004 | |
| S1 | 0.0004 | -0.378% |
| S2 | 0.0004 | -0.559% |
| S3 | 0.0004 | -0.85% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0005 | 24.30% |
| R2 | 0.0005 | 18.16% |
| R1 | 0.0005 | 17.39% |
| Price | 0.0004 | |
| S1 | 0.0003 | -14.58% |
| S2 | 0.0003 | -15.86% |
| S3 | 0.0003 | -18.41% |
FAQ
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