AAP, Inc. Stock Forecast
AAP, Inc. stock price down 0% on Friday
(Updated on Jun 14, 2024)
No changes to the price of AAP, Inc. stock on the last trading day (Friday, 14th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0002 to a day high of $0.0002. The price has fallen in 4 of the last 10 days and is down by -33.33% for this period.
The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.0002 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 75.49% during the next 3 months and, with a 90% probability hold a price between $0.0003 and $0.0009 at the end of this 3-month period.
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AAPJ Signals & Forecast
There are few to no technical positive signals at the moment. The AAP, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $0.0003 and $0.0002. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 06, 2024, and so far it has fallen -60.00%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for AAP, Inc. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 26.67%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AAPJ) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect AAP, Inc. to open at $0.0002, and during the day (based on 14 day Average True Range), to move between $0.0001 and $0.0003, which gives a possible trading interval of +/-$0.00007724 (+/-38.62%) up or down from last closing price. If AAP, Inc. takes out the full calculated possible swing range there will be an estimated 77.24% move between the lowest and the highest trading price during the day.
Is AAP, Inc. stock A Buy?
The AAP, Inc. stock holds several negative signals and despite the positive trend, we believe AAP, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -5.447 Strong Sell Candidate Unchanged
Predicted Opening Price for AAP, Inc. of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| $0.0002 ( 0%) | $0.0002 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AAPJ
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0002 | - |
| R2 | 0.0002 | - |
| R1 | 0.0002 | - |
| Price | 0.0002 | |
| S1 | 0.0002 | - |
| S2 | 0.0002 | - |
| S3 | 0.0002 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 0.0002 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
FAQ
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