RSI low/high Values: [ 25 - 75 ]
* uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of APPS
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Digital Turbine stock price ended at $2.25 on Monday, after gaining 3.69%.
(Updated on Jul 22, 2024)

Buy or Hold candidate since Jul 11, 2024 Gain 12.50% PDF

The Digital Turbine stock price gained 3.69% on the last trading day (Monday, 22nd Jul 2024), rising from $2.17 to $2.25. During the last trading day the stock fluctuated 6.37% from a day low at $2.12 to a day high of $2.26. The price has been going up and down for this period, and there has been a 28.57% gain for the last 2 weeks. Volume fell on the last day by -410 thousand shares and in total, 1 million shares were bought and sold for approximately $2.30 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies the upper part of a very wide and falling 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 $2.45 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -11.19% during the next 3 months and, with a 90% probability hold a price between $1.16 and $2.18 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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APPS Signals & Forecast

The Digital Turbine 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 $2.24 and $1.74. 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 fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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 Tuesday, July 16, 2024, and so far it has fallen -8.91%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Digital Turbine stock

On the downside, the stock finds support just below today's level from accumulated volume at $1.94 and $1.86. 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, Digital Turbine finds support just below today's level at $1.94. If this is broken, then the next support from accumulated volume will be at $1.86 and $1.75.

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 $0.135 between high and low, or 6.37%. For the last week, the stock has had daily average volatility of 9.92%.

Our recommended stop-loss: $2.18 (-3.32%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 21 days ago.)

Trading Expectations (APPS) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Digital Turbine to open at $2.21, and during the day (based on 14 day Average True Range), to move between $2.08 and $2.42, which gives a possible trading interval of +/-$0.169 (+/-7.52%) up or down from last closing price. If Digital Turbine takes out the full calculated possible swing range there will be an estimated 15.04% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $2.39 (6.22%) than the support at $1.94 (13.78%), 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 Digital Turbine stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 1.544 Buy Candidate Unchanged

Predicted Opening Price for Digital Turbine of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$2.21 ( 1.85%) $2.25

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

Trading levels for APPS

Fibonacci Support & Resistance Levels

Level Price
R3 2.34 4.15%
R2 2.29 1.86%
R1 2.26 0.440%
Price 2.25
S1 2.16 -4.14%
S2 2.12 -5.56%
S3 2.07 -7.85%

Accumulated Volume Support & Resistance Levels

Level Price
R3 2.56 13.78%
R2 2.47 9.78%
R1 2.39 6.22%
Price 2.25
S1 1.94 -13.78%
S2 1.86 -17.33%
S3 1.75 -22.22%


What is the symbol for Digital Turbine Stock and on which exchange is it traded?
The symbol for Digital Turbine is APPS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Digital Turbine Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Digital Turbine Stock?
Digital Turbine Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Digital Turbine Stock.

What's the current price of Digital Turbine Stock?
As of the end of day on the Jul 22, 2024, the price of an Digital Turbine (APPS) share was $2.25.

What is the 52-week high and low for Digital Turbine Stock?
The 52-week high for Digital Turbine Stock is $11.01 and the 52-week low is $1.39.

What is the market capitalization of Digital Turbine Stock?
As of the Jul 22, 2024, the market capitalization of Digital Turbine is 222.625M.

When is the next earnings date for Digital Turbine?
The upcoming earnings date for Digital Turbine is Aug 13, 2024.
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About Digital Turbine

Digital Turbine Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). The company operates through three segments: On Device Media, In App Media – AdColony, and In App Media – Fyber. Its application media platform delivers mobile applications to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, ... APPS Profile

Top Fintech Company featured in The Global Fintech Index 2020 as the top Fintech company of the country.

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