Neutra Corp Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Big movements in Neutra Corp stock price on Thursday moving 50.00% between high and low
(Updated on Mar 28, 2024)
No changes to the price of Neutra Corp stock on the last trading day (Thursday, 28th Mar 2024). During the last trading day the stock fluctuated 50.00% from a day low at $0.0002 to a day high of $0.0003. The price has been going up and down for this period, and there has been a -11.76% loss for the last 2 weeks.
The stock lies in the middle of a very wide and strong 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 25.17% during the next 3 months and, with a 90% probability hold a price between $0.0003 and $0.0006 at the end of this 3-month period.
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NTRR Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, March 22, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". 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 Neutra Corp 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 $0.0003 and $0.0003. 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 Neutra Corp 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, Neutra Corp 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 $0.0002.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0001 between high and low, or 50.00%. For the last week, the stock has had daily average volatility of 22.82%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (NTRR) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Neutra Corp to open at $0.0003, and during the day (based on 14 day Average True Range), to move between $0.0002 and $0.0004, which gives a possible trading interval of +/-$0.00009187 (+/-30.62%) up or down from last closing price. If Neutra Corp takes out the full calculated possible swing range there will be an estimated 61.25% 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 (13.33%) than the resistance at $0.0003 (13.33%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Neutra Corp stock A Buy?
The Neutra Corp stock holds several negative signals and despite the positive trend, we believe Neutra Corp will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.479 Sell Candidate Unchanged
Predicted Opening Price for Neutra Corp of Monday, April 1, 2024
Fair opening price April 1, 2024 | Current price |
---|---|
$0.0003 ( 11.11%) | $0.0003 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NTRR
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.0004 | 22.22 % | |
R2 | 0.0003 | 9.49 % | ||
R1 | 0.0003 | 1.62 % | ||
Current price: | 0.0003 | |||
Support | S1 | 0.0002 | -23.84 % | |
S2 | 0.0002 | -31.71 % | ||
S3 | 0.0002 | -44.44 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0.0004 | 16.67 % | ||
R1 | 0.0003 | 13.33 % | ||
Current price | 0.0003 | |||
Support | S1 | 0.0003 | -13.33% | |
S2 | 0.0003 | -16.67% | ||
S3 | 0.0002 | -20.00% |
FAQ
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