WPCS International Incorporated Fund Forecast
WPCS International Incorporated fund price down 0% on Wednesday
(Updated on Feb 07, 2018)
No changes to the price of WPCS International Incorporated fund on the last trading day (Wednesday, 7th Feb 2018). During the last trading day the fund fluctuated 0% from a day low at $1.03 to a day high of $1.03. The price has been going up and down for this period, and there has been a -11.97% loss for the last 2 weeks.
The fund 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 fund is expected to fall -26.26% during the next 3 months and, with a 90% probability hold a price between $0.450 and $1.01 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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WPCS Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, January 30, 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 WPCS International Incorporated 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 $1.03 and $1.06. 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 WPCS International Incorporated fund
WPCS International Incorporated finds support from accumulated volume at $1.01 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 (WPCS) For The Upcoming Trading Day Of Thursday 8th
For the upcoming trading day on Thursday, 8th we expect WPCS International Incorporated to open at $1.03, and during the day (based on 14 day Average True Range), to move between $0.93 and $1.13, which gives a possible trading interval of +/-$0.0984 (+/-9.55%) up or down from last closing price. If WPCS International Incorporated takes out the full calculated possible swing range there will be an estimated 19.11% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $1.01 (1.94%) than the resistance at $1.08 (4.85%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is WPCS International Incorporated fund A Buy?
WPCS International Incorporated 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: -2.650 Sell Candidate Unchanged
Predicted Opening Price for WPCS International Incorporated of Thursday, February 8, 2018
| Fair opening price February 8, 2018 | Current price |
|---|---|
| $1.03 ( 0%) | $1.03 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WPCS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.03 | . | |
| R2 | 1.03 | . | ||
| R1 | 1.03 | . | ||
| Current price: | 1.03 | |||
| Support | S1 | 1.03 | . | |
| S2 | 1.03 | . | ||
| S3 | 1.03 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.20 | 16.50 % | |
| R2 | 1.17 | 13.59 % | ||
| R1 | 1.08 | 4.85 % | ||
| Current price | 1.03 | |||
| Support | S1 | 1.01 | -1.94% | |
| S2 | 0.99 | -3.88% | ||
| S3 | 0.94 | -8.74% |
FAQ
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