$Moneta Porcupine Mines Inc.(MPUCF)$
Trading Expectations (ME.TO) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Moneta Porcupine Mines Inc. to open at $1.34, and during the day (based on 14 day Average True Range), to move between $1.28 and $1.36, which gives a possible trading interval of +/-$0.0438 (+/-3.32%) up or down from last closing price. If Moneta Porcupine Mines Inc. takes out the full calculated possible swing range there will be an estimated 6.64% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $1.39, some $0.0700 (5.30%) from the current price of $1.32, our system finds the risk reward not very attractive.
Is Moneta Porcupine Mines Inc. stock A Buy?
Moneta Porcupine Mines 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 stock.
Current score: -4.740
How to Buy ME.TO Stock
Sell Candidate
Unchanged
Predicted Opening Price for Moneta Porcupine Mines Inc. of Monday, March 13, 2023
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Fair opening price March 13, 2023 Current price
$1.34 $1.32 (Undervalued)
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