GVCL Ventures Inc Fund Forecast
Red day on Wednesday for GVCL Ventures Inc fund after losing 0%
(Updated on Jun 06, 2018)
No changes to the price of GVCL Ventures Inc fund on the last trading day (Wednesday, 6th Jun 2018). During the last trading day the fund fluctuated 0% from a day low at $0.0020 to a day high of $0.0020. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The fund lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.0015 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the fund is expected to fall -7.67% during the next 3 months and, with a 90% probability hold a price between $0.0014 and $0.0040 at the end of this 3-month period.
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GVCL Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, May 21, 2018, 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 GVCL Ventures Inc fund 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 $0.0020 and $0.0024. 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.
Support, Risk & Stop-loss for GVCL Ventures Inc fund
On the downside, the fund finds support just below today's level from accumulated volume at $0.0018. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the fund price.
In general the fund 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 fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (GVCL) For The Upcoming Trading Day Of Thursday 7th
For the upcoming trading day on Thursday, 7th we expect GVCL Ventures Inc to open at $0.0020, and during the day (based on 14 day Average True Range), to move between $0.0018 and $0.0022, which gives a possible trading interval of +/-$0.0002 (+/-12.17%) up or down from last closing price. If GVCL Ventures Inc takes out the full calculated possible swing range there will be an estimated 24.35% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.0022 (10.00%) than the support at $0.0018 (10.00%), 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 GVCL Ventures Inc fund A Buy?
GVCL Ventures Inc 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 fund.
Current score: -2.450 Sell Candidate Unchanged
Predicted Opening Price for GVCL Ventures Inc of Thursday, June 7, 2018
| Fair opening price June 7, 2018 | Current price |
|---|---|
| $0.0020 ( 0%) | $0.0020 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GVCL
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0020 | . | |
| R2 | 0.0020 | . | ||
| R1 | 0.0020 | . | ||
| Current price: | 0.0020 | |||
| Support | S1 | 0.0020 | . | |
| S2 | 0.0020 | . | ||
| S3 | 0.0020 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0.0024 | 20.00 % | ||
| R1 | 0.0022 | 10.00 % | ||
| Current price | 0.0020 | |||
| Support | S1 | 0.0018 | -10.00% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
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