RSI Touches 74.01 For Nxt-ID, Inc. (NASDAQ:NXTD)

NxtID, Inc. (NASDAQ:NXTD) currently has a 50-day moving average of 0.93, the 200-day is at 1.45, and the 7-day is 1.13. In the investing realm, using …

Nxt-ID, Inc. (NASDAQ:NXTD) currently has a 50-day moving average of 0.93, the 200-day is at 1.45, and the 7-day is 1.13. In the investing realm, using the moving average for technical equity analysis is still very popular among traders and investors. The moving average can be used as a reference point to help discover buying and selling opportunities. Using a longer term moving average such as the 200-day may help block out the noise and chaos that is sometimes created by daily price fluctuations. In some cases, MA’s may be used as strong reference points for finding support and resistance levels.

Nxt-ID, Inc. (NASDAQ:NXTD) of the Security & Protection Services industry saw a gap of 2.31% before touching 1.3, a move of 0.00% on volume of 290935. This puts the equity -61.08% away from it’s 52-week high and 39.46% off of it’s 50-day moving average. Year-to-date shares are 91.18% with a short ratio of 9.55. The weekly change in volatility stands at 12.08% while insiders have seen a change in -3.88% in transactions over the recent quarter.

Taking an inside look at what’s happening with shares of Nxt-ID, Inc. (NASDAQ:NXTD), we can see that insider transactions have changed -3.88% over the past 6 months leaving corporate executives holding 9.20% of the total 25.31 shares outstanding. At the same time firms and funds’ transactions in the equity have moved 0.68% during that same period, leaving them with 5.30% ownership of Nxt-ID, Inc.. Nxt-ID, Inc. (NASDAQ:NXTD) is -61.08% from the 52 week high and 145.28% from the one year low. Shares moved -2.26% in the most recent session after an initial gap of 2.31%. Typically 252.47 shares trade hands on a daily basis and the relative volume is 1.15.

Nxt-ID, Inc. (NASDAQ:NXTD)’s Williams Percent Range or 14 day Williams %R currently sits at -13.51. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

Nxt-ID, Inc. (NASDAQ:NXTD) currently has a 14-day Commodity Channel Index (CCI) of 116.01. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

Currently, the 14-day ADX for Nxt-ID, Inc. (NASDAQ:NXTD) is sitting at 34.47. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, the 14-day RSI is currently at 75.1, the 7-day stands at 90.34, and the 3-day is sitting at 98.82.

Bitcoin (BTC), Ethereum (ETH), XRP (Ripple) and BCH Top Coin Price Watch (January 21)

From yesterday’s open at $126.66 the price of Ethereum has fallen by 6.36% as its currently being traded at $118.3. The price went further down to …
Bitcoin (BTC), Ethereum (ETH), XRP (Ripple) and BCH Top Coin Price Watch (January 21)

Bitcoin BTC/USD Price Analysis

From yesterday’s high at $3789.2 the price of Bitcoin has fallen by 5.4% as its currently being traded at $3585. The price of Bitcoin reached $3839 at its highest point over the weekend but as that move to the upside was corrective in nature another downfall as a trend continuation occurred.

The second X wave from a Minor WXYXZ correction ended which is why this current downside movement is most likely the final move out of this correction that is in play from 24th of December.

Looking at the hourly chart you can see that the price fell below the 0.382 Fibonacci level which served as strong support and below the minor horizontal support level at around $3630 (interrupted purple line) which was the support level from the previous range which resembles the current one.

Judging by my Elliott Wave count there is one more move to the downside before this current downfall ends but it’s most likely not the end of the Minor correction and the ends of the Z wave. After the price falls further to the 0.236 Fibonacci level is going to undergo a correction much like it did last time on a higher time-frame fractal.

After this expected correction develops, further downtrend continuation would be expected and the end of the Minor WXYXZ correction who’s price target I have projected to the next horizontal support level in line which is at $3367.3.

Ethereum ETH/USD Price Analysis

From yesterday’s open at $126.66 the price of Ethereum has fallen by 6.36% as its currently being traded at $118.3. The price went further down to $115.74 today, but since, the price has recovered slightly.

Looking at the hourly chart you can see that the price action has created a similar pattern to that of Bitcoin as the market is strongly correlated. But unlike in the case of Bitcoin, the price of Ethereum hasn’t gone below its minor horizontal support level of the prior range or the ending point of the Minor wave Y.

The price did go below the 0.5 Fibonacci level but has managed to come up above it today, since recovery of 2% has been made. Now we are likely seeing another correction of a lower degree which is why most likely we are going to see a further decline from here for the price of Ethereum.

Like in the case of Bitcoin, the price of Ethereum is in a Minor WXYXZ correction and is currently in the last stage of that correction as the Z wave started developing. The target price for the ending point of the Minor correction is at $104 but we might not see a straight downfall from here as the price of Ethereum is most likely going to find support on the 0.382 Fibonacci level at first, start recovery which is going to retest the broken support probably the one at the minor horizontal level at $115.7 and then continue its downside trajectory for a one more low.

XRP/USD Price Analysis

On yesterday’s open the price of Ripple was at $0.33632 from where it decreased to $0.31813 at its lowest point yesterday which was a 5.31% drop. Currently, the price is being traded around $0.32214 as some recovery has been made.

The price went even further today as it came to $0.32694 at its highest point today but only as a spike to retest the broken support for the resistance which you can see on the hourly chart below.

Since the horizontal support zone from $0.3281 to $0.32702 was broken with strong momentum and the price was quickly rejected there with immediate retracement afterward we can say that it is only a minor consolidation before further downside.

As like in the case of Bitcoin and Ethereum, the price of Ripple has also ended its second X wave most likely and the Z wave to the downside has started but the expected decrease isn’t going in a straight line.

We are most likely going to see the price heading further sideways after this current decrease has ended and maybe even a bit of upside to the vicinity of the Minute Y wave as the Minute correction could get prolonged by two more waves X and Z.

If this is true the sideways movement could confuse many into believing that the Minor correction ended so in order to have a confirmation we can say that if the price goes above the Minute Y wave the Minor correction ended, but if the price goes further below after the expected decrease from this current range we can say that the Z wave still hasn’t ended.

The target price for the Z wave is at the horizontal support level around $0.3 area which you cannot see on the above chart but is the ending point of the first impulsive move that we have seen from 16th of December when the price of Ripple came up from around $0.287 to $0.4461.

Bitcoin Cash BCH/USD Price Analysis

The price of Bitcoin Cash has declined by 7.5% yesterday when it came down from $129.5 at its highest point to $119.8 at its lowest. Currently, the price is being traded at $121.8 as a minor recovery has been made in which the price came up to $123 at its highest point today.

Looking at the hourly chart you can see that the price of Bitcoin has is in a Minor WXYXZ correction after an impulsive move from 16th of December when the price of Bitcoin Cash came up from $74 to $230 at its peak.

As the impulsive move ended a correction occurred out of which I believe that the current downside movement is the final wave Z. Like in the case of other cryptos the price of Bitcoin Cash previously ended the second wave X on the Minute Y wave when the increase to the upside was made over the weekend but the increase hasn’t exceeded the ending point of the Minute W wave which is why after a steady decline occurred a more aggressive one followed.

Since the price is currently in a minor range a breakout to the downside should be expected from here and a further downfall. The target price for the Z wave would be at the horizontal support around $104 but we might not see a straight downfall as the price might undergo some further sideways movement after the expected decrease.


Disclaimer: Analysis is not meant to be investment advice. Trade at your own risk.

Laredo Petroleum, Inc. (LPI) – Viewing Major stock of Friday-

Insiders own 0.50% of Laredo Petroleum, Inc. (LPI) shares. … Laredo Petroleum, Inc. (LPI) recently closed with rise of 3.20% to its 20-Day Simple …

Laredo Petroleum, Inc. (LPI) stock price traded with surging change along with the volume 6.6 million shares in Friday trading session. Shares are trading price at $3.90 with move of 4.84%. The company’s 3-months average volume stands at 5.47 million. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 1.21. Recent trade price levels places LPI’s stock about -66.61% away from the 52-week high and closed 30.00% away from the 52-week low. The total dollar value of all 223.08 million outstanding shares is 0.87 billion. EPS in next five year years is expected to touch 5.04% while EPS growth in past 5 year was 36.50% along with sales growth of 7.10% in the last five years. EPS growth in next year is estimated to reach -38.29% while EPS growth estimate for this year is set at 297.70%.

The net percent change held by Institutional Investors has seen a change of 0.21% in last three month period. Insiders own 0.50% of Laredo Petroleum, Inc. (LPI) shares. During last six month record, the net percent change kept by insiders has observed a change of -98.62%. The stock volatility for week was 5.82% while for month was 7.95%.

Return on Assets (ROA) ratio indicates how profitable a company is relative to its total assets. The ROA is 27.00%. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return.

Common shareholders want to know how profitable their capital is in the businesses they invest it in. The company gives a ROE of 63.40%. The higher the ROE, the better the company is at generating profits.

ROI is 14.40%. A positive result means that returns exceed costs. Analysts therefore consider the investment a net gain. The opposite kind of result, a negative means that costs outweigh returns. Analysts therefore view the investment as a net loss.

Laredo Petroleum, Inc. (LPI) recently closed with rise of 3.20% to its 20-Day Simple Moving Average. This short time frame picture represents an upward movement of current price over average price of last 20 days. Now moving toward intermediate time frame, 50-day Moving average is more useful at showing position trading trends lasting 50 days. Shares of LPI moved downward with change of -11.77% to its 50-day Moving average. This falling movement shows negative prices direction over last 50 days.

Finally observing long term time frame, 200-day simple moving average is more helpful at telling general investing trends lasting 200 days. Longer moving average timeframes are less sensitive to price fluctuations than shorter term timeframes and will generate far few signals. This will reduce the number of “whipsaws”, which is good, but will also generate signals later than when using shorter term averages. LPI stock price revealed pessimistic move of -48.44% comparing average price of last 200 days. This comparison showed down direction of price behind its 200-SMA.

ATR value of company was 0.26. Average True Range (ATR) is an indicator based on trading ranges smoothed by an N-period exponential moving average percentage of the true range values. ATR can display volatility of stocks, ETFs and indexes. The principal of ATR is very similar to other volatility indicators: A high ATR value signals a possible trend change. A low ATR value correlates with a weaker trend movement.

Kelly Snell is passionate about Basic Materials and finance news with over 5 years in the industry starting as a writer working his way up into senior positions. She is the driving force behind Top desert safari with a vision to broaden the company’s readership throughout 2016. Kelly is an editor and reporter of news about Basic Materials Sector Companies.

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Constantinople Delay Makes a Dent in Ethereum’s Price

At the time of writing Ethereum was down more than 5% in the last 24 hours, trading around 117 against the US Dollar and testing a key technical …

Our series of cryptocurrencies articles and their predictions for 2019 and beyond is completed with an article about Tron price prediction 2019. We will mention scenarios about coin price forecast. Results of 2018 will also be shown as a starting point of our trx price prediction article.

Results of 2018

At the beginning of January Tron is ranked in the 9th position in top 100 cryptocurrencies in terms of their market capitalization on CoinMarketCap. Tron has a current value of $0.023808, a market capitalization of $1.586.908.038, a volume for the past twenty hours of $121.976.029, circulating supply of 66.631.954.397 TRX and total supply of 99.231.165.008 TRX.

On Jan. 1, 2018, the price of Tron was $0.044682, a peak was formed early in January 2018 at the price of $0.224499 and ever since a decline followed for the remaining of 2018. The current price of $0.023808 represents a decline of 48% compared to the price on Jan. 1, 2018. What experts think and believe about Tron in 2019?

Tron price prediction 2018

Our Tron price prediction for the remaining of 2018 and more specifically for December 2018 in our article called “Tron Price Prediction for December: One-Month Performance of -42.39%, Can This Change?” was that “The current trend is a strong downtrend and if we must make a TRX price prediction for the remaining of 2018 it is in favor of lower prices. What is a potential range for our price prediction? A level of $0.010-$0.08 for the end of 2018.”

The recent rally of Tron for the past twenty-four hours of about 10% and a current price of $0,020729 proved our Tron coin price prediction wrong. Our trx coin price prediction was based on the current downturn which changed direction in the past two weeks. What are now some Tron price predictions for the year 2019?

Tron price prediction 2019

Four Tron coin prediction opinions are presented below as a first approach about what could Tron value be in 2019:

  • WalletInvestor.com is very pessimistic about the future business prospects of Tron predicting a 1-year forecast value of $0.000330 or a decline of almost 98%. According to this prediction if price is to move to this very low level then the recent rally would be an opportunity to sell the cryptocurrency. Nevertheless, this article is strictly informational and does not provide any trading recommendation.
  • Smartereum is on the other side with a very different and much wider prediction. They report that analysts are very optimistic about Tron in 2019. Their Tron predictions by the end of 2019 is a price of $12, which is based on fundamental factors, partnerships and advantages, important catalysts for the future price of the cryptocurrency.
  • CoinSwitch is also very optimistic about the price of Tron in 2019. They have a range of $0.05 – $0.06 for the first two quarters of 2019. By the end of 2019 the price could reach $0.11, which is positive as compared to the last year. In 2019, Tron will have positive effects from two important factors, security and privacy.
  • TradingBeasts.com has the following trx predictions for 2019. In January an expected price of $0.02 and in December 2019 a minimum price of $0.05, a maximum price of $0.07 and an average price of $0.05.

Tron price forecast 2019

Theoofy.com presents a few alternative scenarios about TRX price prediction in 2019 based on the positive and negative factors such as high trading volume and large circulating supply. There is a wide price range of $0.3-$0.7 for 2019 which is very optimistic as compared to the current price of $0.020662.

An important note is that the assumption of the constant circulating supply. If the supply changes, this will result in the change in market cap and token price. While this is an important note, we would mention the fact that fundamental factors such as business prospects and applications and a wider adoption of the Blockchain technology worldwide would be very important factors to consider. Regulation is also a key driver for the future price of cryptocurrencies.

Tron price prediction 2020

Tron Price Prediction for 2019: How Much Will Be Cost TRX in 2019?

For 2020 TradingBeasts.com forecasts that during January 2020 a minimum price of $0.05, a maximum price of $0.08 and an average price of $0.06 may be expected. By the end of 2020 in December a large price appreciation is expected with minimum, maximum and average prices of $0.21, $0.30 and $0.24 respectively.

CoinSwitch forecasts that in 2020 Tron for the first time could reach the price of $0.4 and that it will be a year high increased volatility compared to 2019. By the end of 2020 a decline of the price is expected from the price level of $0.30 to $0.24 in December 2020. Smartereum has mentioned by 2020, the coin is expected to trade at $52.91.

Tron price prediction 2025

Can we make an accurate forecast five or six years from now about the value of Tron in 2025? Logic says that the further we move into the future the less reliable Tron predictions are. But for informational purposes here are some forecasts and TRX price predictions ranges for 2025. DigitalCoin forecasts that the price of Tron in 2025 will reach a maximum value of $0.10024417 in May. By the end of 2025 in December the price could decline to $0.06084865. Another forecast made by thenexttechs.com is that price could go up to $10-$15. With all these trx price prediction ranges we will conclude with our technical analysis for Tron and a conservative approach with a bullish and a bearish scenario for 2019.

Tron technical analysis for 2019

Tron Price Prediction for 2019: How Much Will Be Cost TRX in 2019?

The optimistic scenario is that the bottom of $0.011 will mark a trend change with a recent uptrend formed and price could move up to the range of $0.035 – $0.051, a range with significant consolidation during 2018. For this to happen the price should close above the declining 200-period exponential moving average with a current figure of $0.0266. It is already a positive factor that price is trading above the 20-period and 50-period daily exponential moving averages. If global regulation issues provide a safer and more reliable environment for the cryptocurrency market in 2019 these price levels may be reached as they are probable and can be considered realistic based on the recent high volatility of the cryptocurrency in 2018.

An important level of resistance is $0.029 which is very close to the current value of the 200-period daily exponential moving average. We do not believe that the high price of $0.10 will be reached in 2019 or in the following years as it would only be feasible due to a higher demand for Tron and speculative momentum. Another crucial reason that could support a price appreciation for Tron in 2019 would be increased interest in ICOs and investments in the Blockchain industry. More capital raised, invested and used for business applications and solutions could send the price of Tron higher than our range of $0.035 – $0.051. Odds are according to our opinion that this most probably will not happen in 2019.

The pessimistic scenario is that price could fall below the recent $0.011 bottom. How low could price go is a tough answer, and a price of $0.0 is certainly a potential price. Without fundamental catalysts a more realistic price in the event price is to decline further would be the range of $0.05 – $0.08.

For now, a consolidation zone of $0.011- $0.028 is evident and at some point, in 2019 a breakout should occur. This wide range could send the price much lower in the event our pessimistic scenario is the one to be materialized. As a conclusion for our technical analysis for Tron in 2019, we estimate that the high volatility experienced in the cryptocurrency market in 2018 should continue in 2019. This high volatility makes the Tron predictions highly unpredictable.

All the opinions mentioned above about Tron price predictions should be taken only as informative. Only time will tell what the real price of Tron will be in 2019. 2018 proved a tough year for cryptocurrency. This does not mean that trends could change in 2019 without some pivotal developments.

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BlackRock, Inc. (BLK) is Rich Dividend Yielding stock with rate of 2.98%

BlackRock, Inc. (BLK) is Rich Dividend Yielding stock with rate of 2.98% … BlackRock, Inc. (BLK) has shown a upward trend during time of recent …

Shares of BlackRock, Inc. (BLK) moved 1.68% in the recent trading day. Last trading transaction put the stock price at $419.45. After going under observation of traders 1.03 million shares traded at hands. Volume gives an investor an inspiration of the price action of a security and whether he should buy or sell the security. The relative volume of the stock is 1.17 while its market cap is $65.06 billion. Analysts have given a rating of 2.00 on company shares on a consensus basis. EPS growth is noticed at 21.20% for this year and anticipated 10.48% growth for next year.

If we look at the past company’s performance moves, then it recent movement are telling different stories about price movement in different time period. The stock has actually grown in the past week, as the company has gathered a 5.41% return in the past 5 trading days. The stock is strong among movers in the past month, as it showed 9.42% return. Checking it quarterly performance we found that it was uptick and mounted 1.85% performance. Going forward to year-to-date check then we concluded that it resulted performance is positive with move of 6.78%. The stock showed decline in half yearly performance of -16.92% and maintained weak performance for the year at -27.58%.

Technical Outlook:

Technical analysis is as a method that applies to take a guess of future price trends through analyzing market action. The core idea of technical analysis is that history tends to repeat itself. That is why we can find certain situations in the market that occur regularly. These situations can be discovered by chart analysis and technical indicators, which we can use for our advantage – and that is precisely what technical analysis is trying to do. After keeping Technical check on movement of stock price comparison to its moving averages like 20, 50 and 200 SMA, we detected following trends of BLK. These trends are grabbed from latest trading activity. These up or down trends are telling the direction of stock price on basis of moving averages. This analysis is focused on overall picture of trading activity. This presents short term, intermediate and long term technical levels of BlackRock, Inc. (BLK) stock.

Short Term: Bullish Trend

Intermediate Term: upward Trend

Long Term: weak Trend

Technical analysts have little regard for the value of a company. They use historic price data to observe stock price patterns to predict the direction of that price going forward. Analysts use common formulas and ratios to accomplish this. The stock appeared -29.45% downward to its 52-week high and 16.26% above its 52-week low. The stock price surged with Upswing change of 7.62% when it was compared to 20-day moving average. BlackRock, Inc. (BLK) has shown a upward trend during time of recent session. This trend is based on movement of 50 SMA and stock price is rising off the 50 SMA. If we checked progress of the long term moving average 200 SMA, then we noticed downtrend created which can be described as recent trading price is below the 200 SMA level. Latest trading price was 4.92% upbeat to its 50-day moving average and below -10.73% to its 200-day moving average. BlackRock, Inc. (BLK) RSI (Relative Strength Index) is 65.53. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions. The stock has weekly volatility of 2.85% and monthly volatility of 2.85%.

The High Dividend Yield Company on the list is BlackRock, Inc. (BLK) stock.

Dividend Yield: 2.98% – Volume: 1.03 million, Floating Shares: 150.64 million – Average Volume: 0.88 million – Outstanding Shares: 155.11 million

Some investors are searching for a very profitable stock with high dividend yield. Here is BlackRock, Inc. (BLK) stock which is highly profitable for Investors that pay high dividends with Dividend Yield rate of 2.98%. Investors use the dividend yield formula to compute the cash flow they are getting from their investment in stocks. In other words, investors want to know how much dividends they are getting for every dollar that the stock is worth. Tracing annual dividend record of this company we revealed that its High Dividend Yield is giving attention to Dividend Seeking Investors. Some investors are looking for high current income rather than income growth.

According to record of annual dividend yield, this stock can reward an investor a capital gain along with the very rich dividend. A company with a high dividend yield pays its investors a large dividend compared to the fair market value of the stock. This means the investors are getting highly compensated for their investments compared with lower dividend yielding stocks. I recommend readers use this stock as a basis for further research. On its own the dividend yield tells you very little. It’s a raw figure that needs interpretation. Experienced investors use dividend yield in many ways when constructing their portfolio.

← Investor to spot High Dividend: VEREIT, Inc. (VER) triggering 7.08% YieldTaiwan Semiconductor Manufacturing Company Limited (TSM) generates Dividend Yield of 3.66% →

Braden Nelson

Braden Nelson covers “Hot Stocks” Section of Website.He covers recent activity and events, from economic reports and indicators to any important news relating to individual stocks, sectors, or countries. In particular, he attempt to identify emerging trends in markets that have the potential to reward early investors with outsized gains, while keeping a keen eye on risk. He holds a Masters degree in education and social policy and a bachelor’s degree in economics from Northwestern University.

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