Volatile ride for Applied Science Products, Inc. stock price on Friday moving between $13.06 and $15.42

The Applied Science Products, Inc. stock price gained 8.54% on the last trading day (Friday, 6th Jun 2025), rising from $12.77 to $13.86. During the last trading day the stock fluctuated 18.07% from a day low at $13.06 to a day high of $15.42. The price has been going up and down for this period, and there has been a 85.29% gain for the last 2 weeks. Volume fell on the last day by -12 million shares and in total, 179 million shares were bought and sold for approximately $2.48 billion. 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.

On Apr 15, 2025, it was reported that Needham gave APLD a "Buy" grade with a "hold" action.

Given the current short-term trend, the stock is expected to rise 20.05% during the next 3 months and, with a 90% probability hold a price between $5.72 and $16.64 at the end of this 3-month period.

Mostly positive signals in the chart today. The Applied Science Products, Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $10.59 and $6.56. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 15, 2025, and so far it has risen 302.91%. 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). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Applied Science Products, Inc. finds support from accumulated volume at $13.25 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $2.36 between high and low, or 18.07%. For the last week, the stock has had daily average volatility of 21.13%.

The Applied Science Products, Inc. stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stock may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Applied Science Products, Inc. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.