Volatile ride for XTI Aerospace, Inc. stock price on Tuesday moving between $0.100 and $0.240

The XTI Aerospace, Inc. stock price gained 29.66% on the last trading day (Tuesday, 7th Jan 2025), rising from $0.0880 to $0.114. During the last trading day the stock fluctuated 140.00% from a day low at $0.100 to a day high of $0.240. The price has fallen in 5 of the last 10 days but is still up by 165.35% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 billion more shares were traded than the day before. In total, 2 billion shares were bought and sold for approximately $283.88 million.

Given the current short-term trend, the stock is expected to fall -41.58% during the next 3 months and, with a 90% probability hold a price between $0.0129 and $0.0667 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.

The XTI Aerospace, 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 $0.0582 and $0.0473. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, December 24, 2024, and so far it has risen 191.07%. 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 is rising along with the price. This is considered to be a good technical signal.

XTI Aerospace, Inc. finds support from accumulated volume at $0.111 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 $0.140 between high and low, or 140.00%. For the last week, the stock has had daily average volatility of 57.97%.

The XTI Aerospace, 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.

XTI Aerospace, 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.