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RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of APS.AX
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Allup Silica Limited stock upgraded to Hold/Accumulate.
(Updated on Jun 21, 2024)

Hold candidate since Jun 21, 2024 PDF

No changes to the price of Allup Silica Limited stock on the last trading day (Friday, 21st Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0420 to a day high of $0.0420. The price has been going up and down for this period, and there has been a -6.67% loss for the last 2 weeks.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -7.73% during the next 3 months and, with a 90% probability hold a price between $0.0348 and $0.0469 at the end of this 3-month period.

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APS.AX Signals & Forecast

There are mixed signals in the stock today. The Allup Silica Limited 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 $0.0433. On a fall, the stock will find some support from the short-term average at $0.0411. 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 Thursday, June 20, 2024, and so far it has fallen 0%. 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). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Tuesday, May 14, 2024 and based on theory for this formation the price should go up by 14.29% to $0.0480 within 5 trading days since signal was issued (Tuesday, May 21, 2024).

Support, Risk & Stop-loss for Allup Silica Limited stock

Allup Silica Limited finds support from accumulated volume at $0.0410 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $0.0402 (-4.34%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (APS.AX) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect Allup Silica Limited to open at $0.0420, and during the day (based on 14 day Average True Range), to move between $0.0396 and $0.0444, which gives a possible trading interval of +/-$0.0024 (+/-5.62%) up or down from last closing price. If Allup Silica Limited takes out the full calculated possible swing range there will be an estimated 11.23% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0410 (2.38%) than the resistance at $0.0450 (7.14%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Allup Silica Limited stock A Buy?

Allup Silica Limited 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Upgraded

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 Allup Silica Limited of Monday, June 24, 2024

Fair opening price June 24, 2024 Current price
$0.0420 ( 0%) $0.0420

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

Trading levels for APS.AX

Fibonacci Support & Resistance Levels

Level Price
R3 0.0420 -
R2 0.0420 -
R1 0.0420 -
Price 0.0420
S1 0.0420 -
S2 0.0420 -
S3 0.0420 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.0500 19.05%
R2 0.0490 16.67%
R1 0.0450 7.14%
Price 0.0420
S1 0.0410 -2.38%
S2 0.0400 -4.76%
S3 0 -

FAQ

What is the symbol for Allup Silica Limited Stock and on which exchange is it traded?
The symbol for Allup Silica Limited is APS.AX and it is traded on the ASX (Australian Securities Exchange).

Should I buy or sell Allup Silica Limited Stock?
Allup Silica Limited 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

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

What's the current price of Allup Silica Limited Stock?
As of the end of day on the Jun 21, 2024, the price of an Allup Silica Limited (APS.AX) share was $0.0420.

What is the 52-week high and low for Allup Silica Limited Stock?
The 52-week high for Allup Silica Limited Stock is $0.130 and the 52-week low is $0.0290.

What is the market capitalization of Allup Silica Limited Stock?
As of the Jun 21, 2024, the market capitalization of Allup Silica Limited is 3.38M.

When is the next earnings date for Allup Silica Limited?
The upcoming earnings date for Allup Silica Limited is Oct 25, 2024.
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