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American Electric Technologies Stock Forecast NASDAQ:AETI

$3.87 (-0.72%)

Volume: 9k

Closed: Jan 19, 2022

Hollow Logo Score: -5.509

American Electric Technologies Stock Forecast

$3.87 (-0.72%)

Volume: 9k

Closed: Jan 19, 2022

Score Hollow Logo -5.509
Which way will AETI go? Request

AETI Stock Risk

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.22 between high and low, or 6.07%. For the last week, the stock has had a daily average volatility of 6.39%.

Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 40 and the stock is currently not being overbought or oversold

American Electric Technologies stock price down 0.72% on Wednesday
(Updated on Jan 19, 2022)


Sell candidate since 2021-11-22 Loss -35.64% PDF

The American Electric Technologies stock price fell by -0.72% on the last day (Wednesday, 19th Jan 2022) from $3.90 to $3.87. and has now fallen 6 days in a row. During the day the stock fluctuated 6.07% from a day low at $3.67 to a day high of $3.89. The price has fallen in 7 of the last 10 days and is down by -15.13% for this period. Volume has increased on the last day by 992 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 9 thousand shares were bought and sold for approximately $33.84 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -31.46% during the next 3 months and, with a 90% probability hold a price between $1.63 and $3.24 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.

Signals & Forecast

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. The American Electric Technologies stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $4.08 and $4.48. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, November 19, 2021, and so far it has fallen -36.87%. Further fall is indicated until a new bottom pivot has been found. American Electric Technologies gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss

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 has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.22 between high and low, or 6.07%. For the last week, the stock has had a daily average volatility of 6.39%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is American Electric Technologies stock A Buy?

American Electric Technologies holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -5.509

Strong Sell Candidate Unchanged

Predicted Opening Price for American Electric Technologies of Thursday, January 20, 2022

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

Fair opening price January 20, 2022 Current price
$3.81 $3.87 (Overvalued)

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Volatility and Risk
Daily Average Volatility: 6.39 %
Overall Risk: Very High High Medium Low Very Low
Volatility
6.39 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $4.41
Price: $3.87
No Support Found

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 4.03 4.23 %
3.95 2.03 %
3.90 0.67 %
Current price: 3.87
Support 3.73 -3.73 %
3.67 -5.08 %
3.59 -7.29 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 4.77 23.26 %
4.71 21.71 %
4.41 13.95 %
Current price 3.87
Support 0 .
0 .
0 .

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About American Electric Technologies

American Electric Technologies American Electric Technologies, Inc. provides power delivery solutions to the energy industry in the United States and internationally. The company provides power distribution, power conversion, and automation and control systems that distribute and control the flow of electricity from the source to the mechanical device. Its power distribution products include low and medium voltage switchgear, arc-managed and arc-resistant switchgear, low and m... Read more

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