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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AFMD
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Affimed N.V. stock price ended on $0.450 on Friday after losing 0%
(Updated on Dec 01, 2023)

Sell candidate since Nov 30, 2023 PDF
No changes to the price of Affimed N.V. stock on the last trading day (Friday, 1st Dec 2023). During the last trading day the stock fluctuated 6.97% from a day low at $0.422 to a day high of $0.451. The price has risen in 5 of the last 10 days and is up by 21.62% over the past 2 weeks.

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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 -17.98% during the next 3 months and, with a 90% probability hold a price between $0.224 and $0.425 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.

AFMD Signals & Forecast

The Affimed N.V. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $0.480. On a fall, the stock will find some support from the long-term average at approximately $0.392. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Tuesday, November 28, 2023, and so far it has fallen -14.12%. 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".

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Support, Risk & Stop-loss for Affimed N.V. stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.405 and $0.396. 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, Affimed N.V. finds support just below today's level at $0.405. If this is broken, then the next support from accumulated volume will be at $0.396 and $0.380.

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 $0.0294 between high and low, or 6.97%. For the last week the stock has had daily average volatility of 14.81%.

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

Trading Expectations (AFMD) For The Upcoming Trading Day Of Monday 4th

For the upcoming trading day on Monday, 4th we expect Affimed N.V. to open at $0.441, and during the day (based on 14 day Average True Range), to move between $0.402 and $0.498, which gives a possible trading interval of +/-$0.0479 (+/-10.64%) up or down from last closing price. If Affimed N.V. takes out the full calculated possible swing range there will be an estimated 21.28% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.475 (5.56%) than the support at $0.405 (10.00%), 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 Affimed N.V. stock A Buy?

Affimed N.V. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.162 Open Broker Account

Sell Candidate Unchanged

Predicted Opening Price for Affimed N.V. of Monday, December 4, 2023

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

Fair opening price December 4, 2023 Current price
$0.441 $0.450 (Overvalued)

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.470 4.55 %
R2 0.459 2.05 %
R1 0.452 0.511 %
Current price: 0.450
Support S1 0.430 -4.48 %
S2 0.423 -6.02 %
S3 0.412 -8.52 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.512 13.67 %
R2 0.499 10.89 %
R1 0.475 5.56 %
Current price 0.450
Support S1 0.405 -10.00%
S2 0.396 -12.07%
S3 0.380 -15.56%
What is the symbol for Affimed N.V. Stock and on which exchange is it traded?
The symbol for Affimed N.V. is AFMD and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Affimed N.V. Stock?
Affimed N.V. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Affimed N.V. Stock?
Affimed N.V. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Affimed N.V. Stock.

What's the current price of Affimed N.V. Stock?
As of the end of day on the 2023-12-01, the price of an Affimed N.V. (AFMD) share was $0.450.

What is the 52-week high and low for Affimed N.V. Stock?
The 52-week high for Affimed N.V. Stock is $2.19 and the 52-week low is $0.224.

What is the market capitalization of Affimed N.V. Stock?
As of the 2023-12-01, the market capitalization of Affimed N.V. is 67.203M.

When is the next earnings date for Affimed N.V.?
The upcoming earnings date for Affimed N.V. is 2024-03-28 00:00:00.

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About Affimed N.V.

Affimed N.V. Affimed N.V., a clinical-stage biopharmaceutical company, focuses on discovering and developing cancer immunotherapies in the United States, Germany, and rest of Europe. Its lead product candidate is AFM13, which has completed Phase II clinical study for peripheral T-cell lymphoma; in Phase IIa clinical trial for CD30-positive lymphoma; and in Phase I clinical trial for hodgkin lymphoma. The company is also developing AFM24, a tetravalent, bispec... AFMD Profile

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