American Public Education Stock Forecast
American Public Education stock price down 0.0723% on Wednesday
(Updated on May 01, 2024)
The American Public Education stock price fell by -0.0723% on the last day (Wednesday, 1st May 2024) from $13.83 to $13.82. During the last trading day the stock fluctuated 4.11% from a day low at $13.51 to a day high of $14.07. The price has risen in 7 of the last 10 days and is up by 10.38% over the past 2 weeks. 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 -2 thousand shares and in total, 80 thousand shares were bought and sold for approximately $1.11 million.
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 21.10% during the next 3 months and, with a 90% probability hold a price between $15.26 and $21.22 at the end of this 3-month period.
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APEI Signals & Forecast
The American Public Education 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 $13.67 and $13.40. 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). 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 Wednesday, March 06, 2024, and so far it has fallen -11.24%. Further fall is indicated until a new bottom pivot has been found. 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.
Support, Risk & Stop-loss for American Public Education stock
American Public Education finds support from accumulated volume at $13.63 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 $0.555 between high and low, or 4.11%. For the last week the stock has had daily average volatility of 4.88%.
Our recommended stop-loss: $13.04 (-5.68%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 39 days ago.)
Trading Expectations (APEI) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect American Public Education to open at $13.80, and during the day (based on 14 day Average True Range), to move between $13.17 and $14.47, which gives a possible trading interval of +/-$0.648 (+/-4.69%) up or down from last closing price. If American Public Education takes out the full calculated possible swing range there will be an estimated 9.38% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $13.94 (0.87%) than the support at $13.63 (1.37%), 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.
Earnings coming up
American Public Education will release earnings AMC on Tuesday, May 07, 2024.The consensus among the analysts for the expected earnings (EPS) is -$0.160. We will update the financials statements for American Public Education, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 4.76% in the first trading day after earnings release.
Is American Public Education 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 American Public Education stock to perform well in the short-term.
Current score: 4.345 Buy Candidate Unchanged
Predicted Opening Price for American Public Education of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| $13.80 ( 0.157%) | $13.82 |
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 | 14.35 | 3.86 % | |
| R2 | 14.14 | 2.33 % | ||
| R1 | 14.01 | 1.38 % | ||
| Current price: | 13.82 | |||
| Support | S1 | 13.59 | -1.69 % | |
| S2 | 13.46 | -2.64 % | ||
| S3 | 13.24 | -4.17 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 15.57 | 12.66 % | |
| R2 | 14.66 | 6.08 % | ||
| R1 | 13.94 | 0.87 % | ||
| Current price | 13.82 | |||
| Support | S1 | 13.63 | -1.37% | |
| S2 | 11.50 | -16.79% | ||
| S3 | 11.15 | -19.32% |
FAQ
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