AeroVironment Stock Forecast

Sell candidate since Dec 05, 2024 Loss -7.09%

The AeroVironment stock price fell by -0.305% on the last day (Thursday, 12th Dec 2024) from $154.35 to $153.88. During the last trading day the stock fluctuated 2.98% from a day low at $152.19 to a day high of $156.73. The price has fallen in 6 of the last 10 days and is down by -19.38% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -275 thousand shares and in total, 476 thousand shares were bought and sold for approximately $73.27 million.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $153.26 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -5.92% during the next 3 months and, with a 90% probability hold a price between $144.19 and $216.50 at the end of this 3-month period.

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AVAV Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, December 10, 2024, and so far it has risen 0.104%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The AeroVironment 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 $164.03 and $200.11. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for AeroVironment stock

AeroVironment finds support from accumulated volume at $153.72 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 a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $4.54 between high and low, or 2.98%. For the last week, the stock has had daily average volatility of 3.70%.

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

Trading Expectations (AVAV) For The Upcoming Trading Day Of Friday 13th

For the upcoming trading day on Friday, 13th we expect AeroVironment to open at $154.26, and during the day (based on 14 day Average True Range), to move between $144.50 and $163.26, which gives a possible trading interval of +/-$9.38 (+/-6.10%) up or down from last closing price. If AeroVironment takes out the full calculated possible swing range there will be an estimated 12.19% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $153.72 (0.10%) than the resistance at $163.33 (6.14%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is AeroVironment stock A Buy?

AeroVironment 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -3.088 Sell Candidate Upgraded

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Predicted Fair Opening Price

Predicted fair opening price on December 13, 2024 - $154.26 ( 0.250%).