RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ILUS
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Illusion Systems stock price down 3.20% on Thursday
(Updated on Mar 28, 2024)

Sell candidate since Mar 21, 2024 Loss -3.20% PDF

The Illusion Systems stock price fell by -3.20% on the last day (Thursday, 28th Mar 2024) from $0.0125 to $0.0121. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 4.17% from a day low at $0.0120 to a day high of $0.0125. The price has been going up and down for this period, and there has been a -0.82% loss 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 -2 million shares and in total, 2 million shares were bought and sold for approximately $24.80 thousand.

The stock lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 8.19% during the next 3 months and, with a 90% probability hold a price between $0.0079 and $0.0308 at the end of this 3-month period.

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ILUS 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 Illusion Systems 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 $0.0127 and $0.0127. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, January 25, 2024, and so far it has fallen -55.02%. 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 Illusion Systems stock

Illusion Systems finds support from accumulated volume at $0.0120 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0005 between high and low, or 4.17%. For the last week the stock has had daily average volatility of 6.31%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ILUS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Illusion Systems Inc to open at $0.0122, and during the day (based on 14 day Average True Range), to move between $0.0109 and $0.0133, which gives a possible trading interval of +/-$0.0012 (+/-10.29%) up or down from last closing price. If Illusion Systems Inc takes out the full calculated possible swing range there will be an estimated 20.58% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0120 (0.83%) than the resistance at $0.0122 (0.83%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Illusion Systems Inc stock A Buy?

The Illusion Systems stock holds several negative signals and despite the positive trend, we believe Illusion Systems will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.300 Sell Candidate Unchanged

Predicted Opening Price for Illusion Systems Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.0122 ( 0.83%) $0.0121

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ILUS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0127 4.96 %
R2 0.0125 3.38 %
R1 0.0124 2.40 %
Current price: 0.0121
Support S1 0.0120 -0.752 %
S2 0.0119 -1.73 %
S3 0.0117 -3.31 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.0130 7.44 %
R2 0.0125 3.31 %
R1 0.0122 0.83 %
Current price 0.0121
Support S1 0.0120 -0.83%
S2 0.0118 -2.27%
S3 0.0115 -4.96%

FAQ

What is the symbol for Illusion Systems Stock and on which exchange is it traded?
The symbol for Illusion Systems is ILUS and it is traded on the PINK (Pink Sheets).

Should I buy or sell Illusion Systems Stock?
The Illusion Systems stock holds several negative signals and despite the positive trend, we believe Illusion Systems will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Illusion Systems Stock?
Illusion Systems Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Illusion Systems Stock.

What's the current price of Illusion Systems Stock?
As of the end of day on the 2024-03-28, the price of an Illusion Systems (ILUS) share was $0.0121.

What is the 52-week high and low for Illusion Systems Stock?
The 52-week high for Illusion Systems Stock is $0.0579 and the 52-week low is $0.0050.

What is the market capitalization of Illusion Systems Stock?
As of the 2024-03-28, the market capitalization of Illusion Systems is 22.561M.
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About Illusion Systems Inc

Illusion Systems ILUS International Inc., a mergers and acquisitions company, focuses on acquiring and developing technology and manufacturing businesses worldwide. It primarily focuses on emergency services, and life safety and related technologies, such as emergency response vehicles, electric utility vehicles, specialist vehicle conversions, disruptive firefighting equipment, wearable technology, and related software solutions. The company was formerly known a... ILUS Profile

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