Aspira Women's Health Inc. Stock Forecast
Weaker technical forecast for Aspira Women's Health Inc. as stock downgraded to Strong Sell Candidate.
(Updated on Apr 25, 2024)
The Aspira Women's Health Inc. stock price fell by -3.53% on the last day (Thursday, 25th Apr 2024) from $3.40 to $3.28. During the last trading day the stock fluctuated 5.62% from a day low at $3.20 to a day high of $3.38. The price has risen in 6 of the last 10 days and is up by 1.86% over the past 2 weeks. Volume has increased on the last day by 2 thousand 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, 6 thousand shares were bought and sold for approximately $20.81 thousand.
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 $3.35 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 -40.34% during the next 3 months and, with a 90% probability hold a price between $1.27 and $2.00 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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AWH 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 Aspira Women's Health Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $3.44 and $3.37. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, April 18, 2024, and so far it has fallen -7.08%. Further fall is indicated until a new bottom pivot has been found. Aspira Women's Health Inc. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Aspira Women's Health Inc. stock
Aspira Women's Health Inc. finds support from accumulated volume at $3.22 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 $0.180 between high and low, or 5.62%. For the last week, the stock has had daily average volatility of 3.68%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AWH) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Aspira Women's Health Inc. to open at $3.29, and during the day (based on 14 day Average True Range), to move between $3.02 and $3.54, which gives a possible trading interval of +/-$0.257 (+/-7.82%) up or down from last closing price. If Aspira Women's Health Inc. takes out the full calculated possible swing range there will be an estimated 15.64% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $3.22 (1.83%) than the resistance at $3.55 (8.23%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Aspira Women's Health Inc. stock A Buy?
Aspira Women's Health 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.
Current score: -5.815 Strong Sell Candidate Downgraded
Predicted Opening Price for Aspira Women's Health Inc. of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| $3.29 ( 0.203%) | $3.28 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AWH
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.47 | 5.69 % | |
| R2 | 3.40 | 3.59 % | ||
| R1 | 3.36 | 2.30 % | ||
| Current price: | 3.28 | |||
| Support | S1 | 3.22 | -1.89 % | |
| S2 | 3.18 | -3.19 % | ||
| S3 | 3.11 | -5.28 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.66 | 11.59 % | |
| R2 | 3.61 | 10.06 % | ||
| R1 | 3.55 | 8.23 % | ||
| Current price | 3.28 | |||
| Support | S1 | 3.22 | -1.83% | |
| S2 | 3.10 | -5.49% | ||
| S3 | 2.82 | -14.02% |
AWH Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 06, 2016 | Dec 16, 2016 | Dec 29, 2016 | $0.260 | 1.79% |
| 2 | Sep 09, 2016 | Sep 16, 2016 | Sep 29, 2016 | $0.260 | 1.34% |
| 3 | Jun 09, 2016 | Jun 17, 2016 | Jun 30, 2016 | $0.260 | 1.56% |
| 4 | Mar 04, 2016 | Mar 18, 2016 | Mar 31, 2016 | $0.260 | 1.18% |
| 5 | Nov 30, 2015 | Dec 18, 2015 | Dec 31, 2015 | $0.260 | 0.96% |
FAQ
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