RSI low/high Values: [ 25 - 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 AWLIF
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High volatility in Ameriwest Lithium stock price on Thursday which ended trading at $0.177
(Updated on Mar 28, 2024)

Buy candidate since Mar 25, 2024 Gain 4.24% PDF

The Ameriwest Lithium stock price gained 7.20% on the last trading day (Thursday, 28th Mar 2024), rising from $0.165 to $0.177. During the last trading day the stock fluctuated 21.02% from a day low at $0.157 to a day high of $0.190. The price has been going up and down for this period, and there has been a 33.92% gain for the last 2 weeks. Volume fell on the last day by -27 thousand shares and in total, 14 thousand shares were bought and sold for approximately $2.41 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $0.170, a level that may pose a second chance to hit a runner. According to fan-theory $0.220 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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AWLIF Signals & Forecast

The Ameriwest Lithium 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 $0.158 and $0.138. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 20, 2024, and so far it has risen 43.42%. 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 during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Ameriwest Lithium stock

Ameriwest Lithium finds support from accumulated volume at $0.170 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 periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.0330 between high and low, or 21.02%. For the last week the stock has had daily average volatility of 22.77%.

Our recommended stop-loss: $0.172 (-3.16%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 27 days ago.)

Trading Expectations (AWLIF) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Ameriwest Lithium Inc. to open at $0.175, and during the day (based on 14 day Average True Range), to move between $0.150 and $0.204, which gives a possible trading interval of +/-$0.0272 (+/-15.34%) up or down from last closing price. If Ameriwest Lithium Inc. takes out the full calculated possible swing range there will be an estimated 30.67% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $0.170, some $0.0072 (4.06%) from the current price of $0.177, our system finds the risk reward attractive.

Is Ameriwest Lithium Inc. stock A Buy?

Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period.

Current score: 4.875 Buy Candidate Unchanged

Predicted Opening Price for Ameriwest Lithium Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.175 ( 1.39%) $0.177

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

Trading levels for AWLIF

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.208 17.23 %
R2 0.195 10.12 %
R1 0.187 5.72 %
Current price: 0.177
Support S1 0.162 -8.51 %
S2 0.154 -12.90 %
S3 0.142 -20.02 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 0.177
Support S1 0.170 -4.06%
S2 0.155 -12.54%
S3 0.134 -24.66%

FAQ

What is the symbol for Ameriwest Lithium Stock and on which exchange is it traded?
The symbol for Ameriwest Lithium is AWLIF and it is traded on the PINK (Pink Sheets).

Should I buy or sell Ameriwest Lithium Stock?
Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period.

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

What's the current price of Ameriwest Lithium Stock?
As of the end of day on the 2024-03-28, the price of an Ameriwest Lithium (AWLIF) share was $0.177.

What is the 52-week high and low for Ameriwest Lithium Stock?
The 52-week high for Ameriwest Lithium Stock is $0.294 and the 52-week low is $0.0430.

What is the market capitalization of Ameriwest Lithium Stock?
As of the 2024-03-28, the market capitalization of Ameriwest Lithium is 2.048M.

When is the next earnings date for Ameriwest Lithium?
The upcoming earnings date for Ameriwest Lithium is Apr 01, 2024.
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About Ameriwest Lithium Inc.

Ameriwest Lithium Ameriwest Lithium Inc. engages in the acquisition, exploration, and development of natural resources properties in Canada and the United States. The company focuses on exploring Nevada's Deer Musk East property consists of 275 claims covering an area of 5,500 acres located in the prolific Clayton Valley; the Railroad Valley property comprising 312 claims covering an area of 6,200 acres; the Edwards Creek Valley consists of 847 placer mineral clai... AWLIF Profile

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