American Picture House Corporation Stock Forecast

Big movements in American Picture House Corporation stock price on Friday moving 45.83% between high and low
(Updated on Jun 28, 2024)

APHP Signals & Forecast

The American Picture House Corporation 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 $0.220 and $0.205. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 12, 2024, and so far it has risen 105.88%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). American Picture House Corporation 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. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for American Picture House Corporation stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.110 between high and low, or 45.83%. For the last week the stock has had daily average volatility of 9.63%.

Our recommended stop-loss: $0.337 (-3.60%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 17 days ago.)

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

For the upcoming trading day on Monday, 1st we expect American Picture House Corporation to open at $0.313, and during the day (based on 14 day Average True Range), to move between $0.326 and $0.374, which gives a possible trading interval of +/-$0.0242 (+/-6.91%) up or down from last closing price. If American Picture House Corporation takes out the full calculated possible swing range there will be an estimated 13.82% move between the lowest and the highest trading price during the day.

Is American Picture House Corporation stock A Buy?

American Picture House Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for American Picture House Corporation of Monday, July 1, 2024

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