Airship AI Holdings, Inc. Stock Forecast
High volatility in Airship AI Holdings, Inc. stock price on Monday which ended trading at $4.01
(Updated on Jun 17, 2024)
The Airship AI Holdings, Inc. stock price gained 6.37% on the last trading day (Monday, 17th Jun 2024), rising from $3.77 to $4.01. During the last trading day the stock fluctuated 15.32% from a day low at $3.59 to a day high of $4.14. The price has fallen in 7 of the last 10 days but is still up by 5.8% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 44 thousand more shares were traded than the day before. In total, 756 thousand shares were bought and sold for approximately $3.03 million.
The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $4.83 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -60.70% during the next 3 months and, with a 90% probability hold a price between $0.0297 and $1.90 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
AISP Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Airship AI Holdings, Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $4.86. On a fall, the stock will find some support from the short-term average at $3.92. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Tuesday, June 11, 2024, and so far it has fallen -13.20%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Airship AI Holdings, Inc. stock
Airship AI Holdings, Inc. finds support from accumulated volume at $3.87 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.550 between high and low, or 15.32%. For the last week, the stock has had daily average volatility of 21.29%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AISP) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Airship AI Holdings, Inc. to open at $3.91, and during the day (based on 14 day Average True Range), to move between $3.36 and $4.66, which gives a possible trading interval of +/-$0.651 (+/-16.23%) up or down from last closing price. If Airship AI Holdings, Inc. takes out the full calculated possible swing range there will be an estimated 32.47% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $4.02 (0.25%) than the support at $3.87 (3.49%), 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 Airship AI Holdings, Inc. stock A Buy?
Airship AI Holdings, Inc. 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: -4.191 Sell Candidate Unchanged
Predicted Opening Price for Airship AI Holdings, Inc. of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| $3.91 ( 2.41%) | $4.01 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AISP
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4.46 | 11.31% |
| R2 | 4.25 | 6.07% |
| R1 | 4.12 | 2.83% |
| Price | 4.01 | |
| S1 | 3.70 | -7.65% |
| S2 | 3.57 | -10.89% |
| S3 | 3.36 | -16.13% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4.62 | 15.21% |
| R2 | 4.38 | 9.23% |
| R1 | 4.02 | 0.249% |
| Price | 4.01 | |
| S1 | 3.87 | -3.49% |
| S2 | 3.79 | -5.49% |
| S3 | 3.77 | -5.99% |
FAQ
Click here for our free guide on how to buy Airship AI Holdings, Inc. Stock.
