Categories
BLOG

hemp stock predictions

HEMP, INC. Stock Forecast PINK: HEMP

Create a Watchlist

HEMP Stock Risk

This stock may move very much during a day (volatility) and with periodic low trading volume this stock is considered to be “very high risk”. During the last day, the stock moved $0.00 between high and low, or 12.50%. For the last week the stock has had a daily average volatility of 18.35%.

Our recommended stop-loss: $0.00 (-5.16%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 4 day(s) ago.)

Very Low Low Medium High Very High

RSImin/max Values: [ 25 – 75 ]

High volatility in HEMP, INC. stock price on Friday which ended trading at $0.00 (Updated on November 13, 2020)

The HEMP, INC. stock price gained 4.76% on the last trading day (Friday, 13th Nov 2020), rising from $0.00 to $0.00. During the day the stock fluctuated 12.50% from a day low at $0.00 to a day high of $0.00. The price has risen in 5 of the last 10 days and is up by 22.22% over the past 2 weeks. Volume fell on the last day by -795 thousand shares and in total, 15 million shares were bought and sold for approximately $66.10 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock 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 stock is expected to fall -15.04% during the next 3 months and, with a 90% probability hold a price between $0.00 and $0.00 at the end of this 3-month period.

Signals & Forecast

The HEMP, INC. stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $0.00. On a fall, the stock will find some support from the long-term average at approximately $0.00. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 months Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, November 09, 2020, and so far it has fallen -10.20%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss

On the downside, the stock finds support just below today’s level from accumulated volume at $0.00 and $0.00. There is 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, HEMP, INC. finds support just below today’s level at $0.00. If this is broken, then the next support from accumulated volume will be at $0.00 and $0.00.

This stock may move very much during a day (volatility) and with periodic low trading volume this stock is considered to be “very high risk”. During the last day, the stock moved $0.00 between high and low, or 12.50%. For the last week the stock has had a daily average volatility of 18.35%.

Our recommended stop-loss: $0.00 (-5.16%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 4 day(s) ago.)

Is HEMP, INC. stock A Buy?

HEMP, 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: -0.240

Predicted Opening Price for HEMP, INC. of Monday, November 16, 2020

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

Stock Price Forecast for HEMP: HEMP, 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…

Please verify you are a human

Access to this page has been denied because we believe you are using automation tools to browse the website.

This may happen as a result of the following:

  • Javascript is disabled or blocked by an extension (ad blockers for example)
  • Your browser does not support cookies

Please make sure that Javascript and cookies are enabled on your browser and that you are not blocking them from loading.

Reference ID: #39a16600-2714-11eb-834d-279665dd4b71

Please verify you are a human Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: