AdTheorent Holding Company, Inc. Stock Forecast
Red day on Friday for AdTheorent Holding Company, Inc.
(Updated on May 10, 2024)
No changes to the price of AdTheorent Holding Company, Inc. stock on the last trading day (Friday, 10th May 2024). During the last trading day the stock fluctuated 0.88% from a day low at $3.39 to a day high of $3.42. The price has been going up and down for this period, and there has been a 4.62% gain for the last 2 weeks.
The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 13.49% during the next 3 months and, with a 90% probability hold a price between $3.51 and $4.57 at the end of this 3-month period.
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ADTH Signals & Forecast
The AdTheorent Holding Company, 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 $3.33 and $3.26. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 14, 2024, and so far it has fallen -8.60%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. The stock had a Golden Star Signal on Friday, May 03, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Friday, May 03, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for AdTheorent Holding Company, Inc. stock
AdTheorent Holding Company, Inc. finds support from accumulated volume at $3.28 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.0300 (0.88%) between high and low. For the last week, the stock has had daily average volatility of 1.52%.
Our recommended stop-loss: $3.21 (-5.50%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 40 days ago.)
Trading Expectations (ADTH) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect AdTheorent Holding Company, Inc. to open at $3.40, and during the day (based on 14 day Average True Range), to move between $3.32 and $3.48, which gives a possible trading interval of +/-$0.0849 (+/-2.50%) up or down from last closing price. If AdTheorent Holding Company, Inc. takes out the full calculated possible swing range there will be an estimated 5.00% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $3.42 (0.59%) than the support at $3.28 (3.53%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is AdTheorent Holding Company, Inc. stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for AdTheorent Holding Company, Inc. stock to perform well in the short-term.
Current score: 2.929 Buy Candidate Unchanged
Predicted Opening Price for AdTheorent Holding Company, Inc. of Monday, May 13, 2024
Fair opening price May 13, 2024 | Current price |
---|---|
$3.40 ( 0.0980%) | $3.40 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ADTH
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 3.43 | 0.98 % | |
R2 | 3.42 | 0.643 % | ||
R1 | 3.41 | 0.435 % | ||
Current price: | 3.40 | |||
Support | S1 | 3.39 | -0.239 % | |
S2 | 3.38 | -0.447 % | ||
S3 | 3.37 | -0.784 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 3.72 | 9.41 % | |
R2 | 3.43 | 0.88 % | ||
R1 | 3.42 | 0.588 % | ||
Current price | 3.40 | |||
Support | S1 | 3.28 | -3.53% | |
S2 | 3.24 | -4.71% | ||
S3 | 3.21 | -5.59% |
FAQ
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