RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ALPP
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Stronger technical forecast for Alpine 4 Holdings stock price after Thursday trading.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The Alpine 4 Holdings stock price fell by -3.25% on the last day (Thursday, 28th Mar 2024) from $0.733 to $0.709. During the last trading day the stock fluctuated 6.49% from a day low at $0.709 to a day high of $0.755. The price has fallen in 6 of the last 10 days and is down by -6.71% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -13 thousand shares and in total, 19 thousand shares were bought and sold for approximately $13.37 thousand.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.640 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 17.46% during the next 3 months and, with a 90% probability hold a price between $0.752 and $1.48 at the end of this 3-month period.

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ALPP Signals & Forecast

There are few to no technical positive signals at the moment. The Alpine 4 Holdings 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 $0.723 and $0.749. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, February 26, 2024, and so far it has fallen -40.42%. 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 along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Alpine 4 Holdings stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.619 and $0.604. 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, Alpine 4 Holdings finds support just below today's level at $0.619. If this is broken, then the next support from accumulated volume will be at $0.604 and $0.570.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.0460 between high and low, or 6.49%. For the last week the stock has had daily average volatility of 6.36%.

Our recommended stop-loss: $0.665 (-6.26%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 23 days ago.)

Trading Expectations (ALPP) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Alpine 4 Holdings, Inc. to open at $0.724, and during the day (based on 14 day Average True Range), to move between $0.641 and $0.777, which gives a possible trading interval of +/-$0.0680 (+/-9.60%) up or down from last closing price. If Alpine 4 Holdings, Inc. takes out the full calculated possible swing range there will be an estimated 19.19% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.735 (3.67%) than the support at $0.619 (12.72%), 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 Alpine 4 Holdings, Inc. stock A Buy?

Alpine 4 Holdings holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.984 Hold/Accumulate Upgraded

Predicted Opening Price for Alpine 4 Holdings, Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.724 ( 2.16%) $0.709

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

Trading levels for ALPP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.770 8.65 %
R2 0.753 6.17 %
R1 0.742 4.64 %
Current price: 0.709
Support S1 0.707 -0.316 %
S2 0.696 -1.85 %
S3 0.678 -4.33 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.795 12.16 %
R2 0.749 5.64 %
R1 0.735 3.67 %
Current price 0.709
Support S1 0.619 -12.72%
S2 0.604 -14.80%
S3 0.570 -19.61%

FAQ

What is the symbol for Alpine 4 Holdings Stock and on which exchange is it traded?
The symbol for Alpine 4 Holdings is ALPP and it is traded on the OTCBB (OTC Bulletin Board).

Should I buy or sell Alpine 4 Holdings Stock?
Alpine 4 Holdings holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Alpine 4 Holdings Stock?
Alpine 4 Holdings Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Alpine 4 Holdings Stock.

What's the current price of Alpine 4 Holdings Stock?
As of the end of day on the 2024-03-28, the price of an Alpine 4 Holdings (ALPP) share was $0.709.

What is the 52-week high and low for Alpine 4 Holdings Stock?
The 52-week high for Alpine 4 Holdings Stock is $2.96 and the 52-week low is $0.250.

What is the market capitalization of Alpine 4 Holdings Stock?
As of the 2024-03-28, the market capitalization of Alpine 4 Holdings is 19.153M.

When is the next earnings date for Alpine 4 Holdings?
The upcoming earnings date for Alpine 4 Holdings is May 13, 2024.
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About Alpine 4 Holdings, Inc.

Alpine 4 Holdings Alpine 4 Holdings, Inc. a technology holding company, provides electronic contract manufacturing solutions in the United States. The company also offers automotive technologies, including 6th Sense Auto, a connected car technology that provides various advantages to management, sales, finance, and service departments in the automotive dealership industry to enhance productivity, profitability, and customer retention; and BrakeActive, a safety dev... ALPP Profile

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