RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AQMS
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Big movements in Aqua Metals stock price on Thursday moving 10.22% between high and low
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 26, 2024 Gain 1.13% PDF

The Aqua Metals stock price gained 2.87% on the last trading day (Thursday, 28th Mar 2024), rising from $0.523 to $0.538. During the last trading day the stock fluctuated 10.22% from a day low at $0.500 to a day high of $0.551. The price has been going up and down for this period, and there has been a 10.02% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 207 thousand more shares were traded than the day before. In total, 977 thousand shares were bought and sold for approximately $525.78 thousand.

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $0.550 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -27.89% during the next 3 months and, with a 90% probability hold a price between $0.329 and $0.397 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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AQMS Signals & Forecast

Mostly positive signals in the chart today. The Aqua Metals stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $0.499 and $0.514. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 15.18%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Aqua Metals has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

Support, Risk & Stop-loss for Aqua Metals stock

Aqua Metals finds support from accumulated volume at $0.532 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0511 between high and low, or 10.22%. For the last week, the stock has had daily average volatility of 8.42%.

Our recommended stop-loss: $0.517 (-3.84%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 3 days ago.)

Trading Expectations (AQMS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Aqua Metals to open at $0.530, and during the day (based on 14 day Average True Range), to move between $0.505 and $0.571, which gives a possible trading interval of +/-$0.0334 (+/-6.20%) up or down from last closing price. If Aqua Metals takes out the full calculated possible swing range there will be an estimated 12.40% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.532 (1.12%) than the resistance at $0.547 (1.60%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Aqua Metals stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.267 Buy Candidate Upgraded

Predicted Opening Price for Aqua Metals of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.530 ( 1.56%) $0.538

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

Trading levels for AQMS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.581 7.94 %
R2 0.561 4.31 %
R1 0.549 2.07 %
Current price: 0.538
Support S1 0.510 -5.18 %
S2 0.498 -7.42 %
S3 0.479 -11.05 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.651 21.02 %
R2 0.650 20.82 %
R1 0.547 1.60 %
Current price 0.538
Support S1 0.532 -1.12%
S2 0.523 -2.79%
S3 0.490 -8.92%

FAQ

What is the symbol for Aqua Metals Stock and on which exchange is it traded?
The symbol for Aqua Metals is AQMS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Aqua Metals Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Aqua Metals Stock?
Aqua Metals Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Aqua Metals Stock.

What's the current price of Aqua Metals Stock?
As of the end of day on the 2024-03-28, the price of an Aqua Metals (AQMS) share was $0.538.

What is the 52-week high and low for Aqua Metals Stock?
The 52-week high for Aqua Metals Stock is $1.77 and the 52-week low is $0.463.

What is the market capitalization of Aqua Metals Stock?
As of the 2024-03-28, the market capitalization of Aqua Metals is 56.385M.

When is the next earnings date for Aqua Metals?
The upcoming earnings date for Aqua Metals is May 02, 2024.
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About Aqua Metals

Aqua Metals Aqua Metals, Inc. engages in the recycling of lead primarily in the United States. It produces and sells hard lead, lead compounds, and plastics. Aqua Metals, Inc. was incorporated in 2014 and is headquartered in Reno, Nevada.... AQMS Profile

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