Adtheorent Holding Company, Inc. Stock Forecast

Adtheorent Holding Company, Inc. stock price down 0% on Tuesday
(Updated on Jun 25, 2024)

ADTHW 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 $0.463 and $0.429. 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 Monday, June 24, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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.

Sell

Special Signal Notification

Double Top Formation

Support, Risk & Stop-loss for Adtheorent Holding Company, Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.420 and $0.410. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Adtheorent Holding Company, Inc. finds support just below today's level at $0.420. If this is broken, then the next support from accumulated volume will be at $0.410 and $0.400.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock 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 0.373%

Our recommended stop-loss: $0.452 (-3.56%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (ADTHW) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Adtheorent Holding Company, Inc. to open at $0.469, and during the day (based on 14 day Average True Range), to move between $0.457 and $0.482, which gives a possible trading interval of +/-$0.0126 (+/-2.68%) 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 5.36% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $0.420, some $0.0492 (10.49%) from the current price of $0.469, our system finds the risk reward attractive.

Is Adtheorent Holding Company, Inc. stock A Buy?

Adtheorent Holding Company, 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.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Adtheorent Holding Company, Inc. of Wednesday, June 26, 2024

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