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 APXIW
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Red day on Wednesday for Apx Acquisition Corp. I stock after losing 0%
(Updated on Jul 03, 2024)

Buy or Hold candidate since May 01, 2024 Loss -2.88% PDF

No changes to the price of Apx Acquisition Corp. I stock on the last trading day (Wednesday, 3rd Jul 2024). During the last trading day the stock fluctuated 0% from a day low at $0.165 to a day high of $0.165. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock lies in the middle of a 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 -4.18% during the next 3 months and, with a 90% probability hold a price between $0.151 and $0.184 at the end of this 3-month period.

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APXIW Signals & Forecast

The Apx Acquisition Corp. I 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 $0.165 and $0.162. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, May 06, 2024, and so far it has fallen 0%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. 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

Support, Risk & Stop-loss for Apx Acquisition Corp. I 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 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: $0.155 (-6.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 26 days ago.)

Trading Expectations (APXIW) For The Upcoming Trading Day Of Friday 5th

For the upcoming trading day on Friday, 5th we expect Apx Acquisition Corp. I to open at $0.165, and during the day (based on 14 day Average True Range), to move between $0.163 and $0.167, which gives a possible trading interval of +/-$0.0023 (+/-1.40%) up or down from last closing price. If Apx Acquisition Corp. I takes out the full calculated possible swing range there will be an estimated 2.79% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.167, some $0.0023 (1.39%) from the current price of $0.165, our system finds the risk reward not very attractive.

Is Apx Acquisition Corp. I stock A Buy?

Apx Acquisition Corp. I 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 Apx Acquisition Corp. I of Friday, July 5, 2024

Fair opening price July 5, 2024 Current price
$0.165 ( 0%) $0.165

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

Trading levels for APXIW

Fibonacci Support & Resistance Levels

Level Price
R3 0.165 -
R2 0.165 -
R1 0.165 -
Price 0.165
S1 0.165 -
S2 0.165 -
S3 0.165 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.200 21.14%
R2 0.170 2.97%
R1 0.167 1.39%
Price 0.165
S1 0 -
S2 0 -
S3 0 -

FAQ

What is the symbol for Apx Acquisition Corp. I Stock and on which exchange is it traded?
The symbol for Apx Acquisition Corp. I is APXIW and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Apx Acquisition Corp. I Stock?
Apx Acquisition Corp. I 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.

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

What's the current price of Apx Acquisition Corp. I Stock?
As of the end of day on the Jul 03, 2024, the price of an Apx Acquisition Corp. I (APXIW) share was $0.165.

What is the 52-week high and low for Apx Acquisition Corp. I Stock?
The 52-week high for Apx Acquisition Corp. I Stock is $0.350 and the 52-week low is $0.0285.

What is the market capitalization of Apx Acquisition Corp. I Stock?
As of the Jul 03, 2024, the market capitalization of Apx Acquisition Corp. I is 1.547M.
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