Applied DNA Stock Forecast

Buy candidate since Mar 19, 2025

The Applied DNA stock price gained 14.94% on the last trading day (Wednesday, 19th Mar 2025), rising from $1.74 to $2.00. During the last trading day the stock fluctuated 31.74% from a day low at $1.67 to a day high of $2.20. The price has risen in 6 of the last 10 days and is up by 1458.85% 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, 7 million more shares were traded than the day before. In total, 7 million shares were bought and sold for approximately $14.74 million.

The stock lies in the upper part of a very wide and strong rising 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 $2.29 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 34.36% during the next 3 months and, with a 90% probability hold a price between $0.126 and $3.08 at the end of this 3-month period.

APDN Signals & Forecast

The Applied DNA stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $1.16 and $0.358. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Friday, March 14, 2025, and so far it has fallen -11.50%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Applied DNA stock

On the downside, the stock finds support just below today's level from accumulated volume at $1.83 and $1.74. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $1.74 may give a huge drop in the stock price.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.530 between high and low, or 31.74%. For the last week, the stock has had daily average volatility of 25.77%.

The Applied DNA stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stock may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $1.89 (-5.40%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 80 and this increases the risk substantially. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (APDN) For The Upcoming Trading Day Of Thursday 20th

For the upcoming trading day on Thursday, 20th we expect Applied DNA Sciences Inc to open at $1.96, and during the day (based on 14 day Average True Range), to move between $1.76 and $2.24, which gives a possible trading interval of +/-$0.241 (+/-12.06%) up or down from last closing price. If Applied DNA Sciences Inc takes out the full calculated possible swing range there will be an estimated 24.13% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.83 (8.50%) than the resistance at $2.26 (13.00%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Applied DNA Sciences Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Applied DNA stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.871 Buy Candidate Upgraded

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Predicted Fair Opening Price

Predicted fair opening price on March 20, 2025 - $1.96 ( 2.17%).