Unizen USD Stock Forecast
Red day on Monday for Unizen USD
(Updated on Jun 17, 2024)
No changes to the price of Unizen USD stock on the last trading day (Monday, 17th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.139 to a day high of $0.139. The price has fallen in 5 of the last 10 days and is down by -13.75% for this period.
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 -49.79% during the next 3 months and, with a 90% probability hold a price between $0.0377 and $0.0989 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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ZCXUSD Signals & Forecast
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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Unizen 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 $0.141 and $0.168. 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). 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. The stock had a Golden Star Signal on Friday, October 06, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Friday, October 06, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Unizen USD stock
Unizen USD finds support from accumulated volume at $0.137 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 7.11%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ZCXUSD) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Unizen USD to open at $0.139, and during the day (based on 14 day Average True Range), to move between $0.126 and $0.152, which gives a possible trading interval of +/-$0.0133 (+/-9.53%) up or down from last closing price. If Unizen USD takes out the full calculated possible swing range there will be an estimated 19.06% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.137 (1.15%) than the resistance at $0.142 (2.30%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Unizen USD stock A Buy?
Unizen 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: -2.203 Sell Candidate Unchanged
Predicted Opening Price for Unizen USD of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| $0.139 ( 0%) | $0.139 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ZCXUSD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.139 | - |
| R2 | 0.139 | - |
| R1 | 0.139 | - |
| Price | 0.139 | |
| S1 | 0.139 | - |
| S2 | 0.139 | - |
| S3 | 0.139 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.156 | 12.27% |
| R2 | 0.146 | 5.07% |
| R1 | 0.142 | 2.30% |
| Price | 0.139 | |
| S1 | 0.137 | -1.15% |
| S2 | 0.137 | -1.25% |
| S3 | 0 | - |
FAQ
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