American Public Education Stock Forecast
Green day on Monday for American Public Education stock after gaining 3.17%
(Updated on Apr 22, 2024)
The American Public Education stock price gained 3.17% on the last trading day (Monday, 22nd Apr 2024), rising from $12.61 to $13.01. During the last trading day the stock fluctuated 6.45% from a day low at $12.52 to a day high of $13.33. The price has fallen in 7 of the last 10 days and is down by -0.99% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 115 thousand shares were bought and sold for approximately $1.50 million.
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 $12.15 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 20.64% during the next 3 months and, with a 90% probability hold a price between $14.65 and $20.60 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.
APEI Signals & Forecast
There are mixed signals in the stock today. The American Public Education 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 $13.19. On a fall, the stock will find some support from the short-term average at $12.64. 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 Wednesday, March 06, 2024, and so far it has fallen -16.44%. 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). American Public Education has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.
Support, Risk & Stop-loss for American Public Education stock
On the downside, the stock finds support just below today's level from accumulated volume at $11.50 and $11.15. 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, American Public Education finds support just below today's level at $11.50. If this is broken, then the next support from accumulated volume will be at $11.15 and $10.63.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.81 between high and low, or 6.45%. For the last week, the stock has had daily average volatility of 4.21%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (APEI) For The Upcoming Trading Day Of Tuesday 23rd
For the upcoming trading day on Tuesday, 23rd we expect American Public Education to open at $12.95, and during the day (based on 14 day Average True Range), to move between $12.32 and $13.70, which gives a possible trading interval of +/-$0.689 (+/-5.30%) up or down from last closing price. If American Public Education takes out the full calculated possible swing range there will be an estimated 10.60% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $13.63 (4.77%) than the support at $11.50 (11.61%), 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 American Public Education stock A Buy?
American Public Education 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: -1.852 Sell Candidate Unchanged
Predicted Opening Price for American Public Education of Tuesday, April 23, 2024
| Fair opening price April 23, 2024 | Current price |
|---|---|
| $12.95 ( 0.430%) | $13.01 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for APEI
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 13.76 | 5.78 % | |
| R2 | 13.45 | 3.41 % | ||
| R1 | 13.26 | 1.94 % | ||
| Current price: | 13.01 | |||
| Support | S1 | 12.65 | -2.80 % | |
| S2 | 12.45 | -4.27 % | ||
| S3 | 12.15 | -6.64 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 15.57 | 19.68 % | |
| R2 | 13.94 | 7.15 % | ||
| R1 | 13.63 | 4.77 % | ||
| Current price | 13.01 | |||
| Support | S1 | 11.50 | -11.61% | |
| S2 | 11.15 | -14.30% | ||
| S3 | 10.63 | -18.29% |
FAQ
Click here for our free guide on how to buy American Public Education Stock.
