Apiam Animal Health Limited Stock Forecast
Apiam Animal Health Limited stock price ended at $0.360 on Friday, after losing 0%.
(Updated on May 17, 2024)
No changes to the price of Apiam Animal Health Limited stock on the last trading day (Friday, 17th May 2024). During the last trading day the stock fluctuated 0% from a day low at $0.360 to a day high of $0.360. The price has fallen in 6 of the last 10 days and is down by -10% for this period.
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 10.78% during the next 3 months and, with a 90% probability hold a price between $0.377 and $0.481 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
AHX.AX Signals & Forecast
There are few to no technical positive signals at the moment. The Apiam Animal Health Limited 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 $0.366 and $0.371. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, April 29, 2024, and so far it has fallen -11.11%. 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 Apiam Animal Health Limited stock
Apiam Animal Health Limited finds support from accumulated volume at $0.355 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day, but be aware of low or falling volume as this increases the 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 3.65%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AHX.AX) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Apiam Animal Health Limited to open at $0.360, and during the day (based on 14 day Average True Range), to move between $0.343 and $0.377, which gives a possible trading interval of +/-$0.0166 (+/-4.61%) up or down from last closing price. If Apiam Animal Health Limited takes out the full calculated possible swing range there will be an estimated 9.22% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.355 (1.39%) than the resistance at $0.370 (2.78%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Apiam Animal Health Limited stock A Buy?
The Apiam Animal Health Limited stock holds several negative signals and despite the positive trend, we believe Apiam Animal Health Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -3.002 Sell Candidate Unchanged
Predicted Opening Price for Apiam Animal Health Limited of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| $0.360 ( 0.00000000%) | $0.360 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AHX.AX
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.360 | 0.00000000 % | |
| R2 | 0.360 | 0.00000000 % | ||
| R1 | 0.360 | 0.00000000 % | ||
| Current price: | 0.360 | |||
| Support | S1 | 0.360 | 0.00000000 % | |
| S2 | 0.360 | 0.00000000 % | ||
| S3 | 0.360 | 0.00000000 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.395 | 9.72 % | |
| R2 | 0.385 | 6.94 % | ||
| R1 | 0.370 | 2.78 % | ||
| Current price | 0.360 | |||
| Support | S1 | 0.355 | -1.39% | |
| S2 | 0.345 | -4.17% | ||
| S3 | 0.340 | -5.56% |
AHX Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 04, 2024 | Mar 04, 2024 | Apr 03, 2024 | $0.0100 | 2.94% |
| 2 | Sep 22, 2022 | Sep 22, 2022 | Sep 22, 2022 | $0.0040 | 0.544% |
| 3 | Sep 21, 2022 | Sep 21, 2022 | Oct 21, 2022 | $0.0040 | 0.548% |
| 4 | Mar 21, 2022 | Mar 21, 2022 | Mar 21, 2022 | $0.0118 | 1.41% |
| 5 | Sep 16, 2021 | Sep 16, 2021 | Sep 16, 2021 | $0.0118 | 1.20% |
FAQ
Click here for our free guide on how to buy Apiam Animal Health Limited Stock.
