APM Human Services International Limited Stock Forecast

Strong day for APM Human Services International Limited stock price on Monday rising 6.67% to $1.12
(Updated on May 06, 2024)

APM.AX Signals & Forecast

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. The APM Human Services International Limited 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 $1.16 and $1.37. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 11, 2024, and so far it has fallen -36.00%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for APM Human Services International Limited stock

APM Human Services International Limited finds support from accumulated volume at $1.07 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $0.0600 between high and low, or 5.66%. For the last week the stock has had daily average volatility of 6.36%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (APM.AX) For The Upcoming Trading Day Of Tuesday 7th

For the upcoming trading day on Tuesday, 7th we expect APM Human Services International Limited to open at $1.10, and during the day (based on 14 day Average True Range), to move between $1.06 and $1.18, which gives a possible trading interval of +/-$0.0634 (+/-5.66%) up or down from last closing price. If APM Human Services International Limited takes out the full calculated possible swing range there will be an estimated 11.33% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $1.15 (2.68%) than the support at $1.07 (4.91%), 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 APM Human Services International Limited stock A Buy?

The APM Human Services International Limited stock holds several negative signals and despite the positive trend, we believe APM Human Services International Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -2.316 Sell Candidate Upgraded

Predicted Opening Price for APM Human Services International Limited of Tuesday, May 7, 2024

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