Aspen Aerogels Inc Stock Forecast
About Chart
Golden Star
The Golden Star is a refined bullish signal based on the Golden Cross, developed by Jim Stromberg, incorporating additional time frame-specific moving averages and precise price line crossings. This signal is effective for liquid stocks, highlighting short-term upward momentum.
Death Star
The Death Star, developed by Jim Stromberg, is the bearish counterpart to the Golden Star, serving as a sell signal. It is triggered by specific moving average crossings on the price line, indicating a likely prolonged decline in the stock.
Golden Cross
The Golden Cross is a bullish signal where the short-term moving average crosses above the long-term moving average, indicating potential upward momentum.
Death Cross
The Death Cross is a bearish signal where the short-term moving average crosses below the long-term moving average, indicating potential downward momentum.
Pivot Bottom
A Pivot Bottom is a significant low point identified by algorithms developed by StockInvest.us. While it may indicate a short-term directional change, it does not necessarily imply a complete trend reversal. Pivot Bottoms are marked as green circles on the price line.
Pivot Top
A Pivot Top represents a significant high point identified by algorithms developed by StockInvest.us. Similar to Pivot Bottoms, it may suggest a short-term directional change within the main trend, rather than a full trend reversal. Pivot Tops are marked as red circles on the price line.
RSI Oversold
RSI oversold indicates that a stock has declined significantly and may be undervalued, potentially presenting a buying opportunity. This condition is marked by a green line on the chart but should be confirmed with other indicators before taking action.
RSI Overbought
RSI overbought suggests that a stock has risen rapidly and may be due for a pullback. It is marked by a red line on the chart, signaling increased risk. This doesn’t necessarily mean it’s time to sell, but it’s important to monitor closely.
Accumulated Volume
The bars indicate how much stock has been traded on each price during the chart period.
Buy Signal (MA)
Buy signal from moving average indicating potential upward movement.
Sell Signal (MA)
Sell signal from moving average indicating potential downward movement.
Stock Analysis |
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Risk Assessment |
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Trading Strategy |
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Is Aspen Aerogels Inc stock still a buy after falling -8.62% on Tuesday?
(Updated on Nov 12, 2024)
Sell candidate since Oct 22, 2024
Loss -22.56%
The Aspen Aerogels Inc stock price fell by -8.62% on the last day (Tuesday, 12th Nov 2024) from $17.28 to $15.79. During the last trading day the stock fluctuated 9.96% from a day low at $15.44 to a day high of $16.98. The price has fallen in 6 of the last 10 days and is down by -13.38% for this period. Volume has increased on the last day by 1 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 3 million shares were bought and sold for approximately $52.59 million.
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 -36.75% during the next 3 months and, with a 90% probability hold a price between $7.30 and $12.99 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.
ASPN 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 Aspen Aerogels Inc 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 $17.13 and $21.53. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, August 19, 2024, and so far it has fallen -50.22%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Aspen Aerogels Inc 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.
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 $1.54 between high and low, or 9.96%. For the last week, the stock has had daily average volatility of 10.44%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ASPN) For The Upcoming Trading Day Of Wednesday 13th
For the upcoming trading day on Wednesday, 13th we expect Aspen Aerogels Inc to open at $16.07, and during the day (based on 14 day Average True Range), to move between $14.22 and $17.36, which gives a possible trading interval of +/-$1.57 (+/-9.93%) up or down from last closing price. If Aspen Aerogels Inc takes out the full calculated possible swing range there will be an estimated 19.86% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $16.77, some $0.98 (6.21%) from the current price of $15.79, our system finds the risk reward not very attractive.
Is Aspen Aerogels Inc stock A Buy?
Aspen Aerogels Inc holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -5.870 Strong Sell Candidate Unchanged
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Predicted Fair Opening Price
Predicted fair opening price on November 13, 2024 - $16.07 ( 1.77%).Trading levels for ASPN
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 17.61 | 11.51% |
R2 | 17.02 | 7.79% |
R1 | 16.66 | 5.49% |
Price | 15.79 | |
S1 | 15.48 | -1.95% |
S2 | 15.12 | -4.25% |
S3 | 14.53 | -7.97% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 18.23 | 15.45% |
R2 | 16.85 | 6.68% |
R1 | 16.77 | 6.21% |
Price | 15.79 | |
S1 | 0 | - |
S2 | 0 | - |
S3 | 0 | - |
ASPN Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Nov 03, 2009 | Dec 03, 2009 | Dec 03, 2009 | $0.730 | 0% |
2 | Nov 08, 2006 | Nov 16, 2006 | Dec 06, 2006 | $0.0500 | 0% |
FAQ
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