Zivo Bioscience, Inc. Stock Forecast
Zivo Bioscience, Inc. stock price down 0% on Thursday
(Updated on Jun 27, 2024)
No changes to the price of Zivo Bioscience, Inc. stock on the last trading day (Thursday, 27th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.200 to a day high of $0.200. The price has been going up and down for this period, and there has been a 5.26% gain for the last 2 weeks.
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 $0.202 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -33.94% during the next 3 months and, with a 90% probability hold a price between $0.0374 and $0.134 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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ZIVOW 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 Zivo Bioscience, 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 $0.309. On a fall, the stock will find some support from the short-term average at $0.196. 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 Wednesday, June 26, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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.
A sell signal from a double top formation was found on Thursday, May 02, 2024 with a target of $0.260. Despite whether the objective of the signal formation has been reached the stock may continue to fall.
Support, Risk & Stop-loss for Zivo Bioscience, Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.190 and $0.161. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.161 may give a huge drop in the stock price.
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 0%
Our recommended stop-loss: $0.192 (-4.14%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (ZIVOW) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect Zivo Bioscience, Inc. to open at $0.200, and during the day (based on 14 day Average True Range), to move between $0.169 and $0.231, which gives a possible trading interval of +/-$0.0307 (+/-15.33%) up or down from last closing price. If Zivo Bioscience, Inc. takes out the full calculated possible swing range there will be an estimated 30.66% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.190 (5.00%) than the resistance at $0.225 (12.50%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Zivo Bioscience, Inc. stock A Buy?
Zivo Bioscience, 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 Zivo Bioscience, Inc. of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| $0.200 ( 0.00000000%) | $0.200 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ZIVOW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.200 | 0.00000000% |
| R2 | 0.200 | 0.00000000% |
| R1 | 0.200 | 0.00000000% |
| Price | 0.200 | |
| S1 | 0.200 | 0.00000000% |
| S2 | 0.200 | 0.00000000% |
| S3 | 0.200 | 0.00000000% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0.225 | 12.55% |
| R1 | 0.225 | 12.50% |
| Price | 0.200 | |
| S1 | 0.190 | -5.00% |
| S2 | 0.161 | -19.50% |
| S3 | 0 | - |
FAQ
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