Aware Stock Forecast
Aware stock price up 0.595% on Thursday
(Updated on Apr 18, 2024)
The Aware stock price gained 0.595% on the last trading day (Thursday, 18th Apr 2024), rising from $1.68 to $1.69. During the last trading day the stock fluctuated 3.01% from a day low at $1.66 to a day high of $1.71. The price has fallen in 5 of the last 10 days and is down by -4.52% for this period. Volume fell on the last day by -36 thousand shares and in total, 22 thousand shares were bought and sold for approximately $36.93 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 stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $1.65 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 6.14% during the next 3 months and, with a 90% probability hold a price between $1.75 and $2.21 at the end of this 3-month period.
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AWRE Signals & Forecast
There are few to no technical positive signals at the moment. The Aware 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 $1.71 and $1.80. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 28, 2024, and so far it has fallen -9.63%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Aware stock
Aware finds support from accumulated volume at $1.62 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0500 between high and low, or 3.01%. For the last week the stock has had daily average volatility of 5.80%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AWRE) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Aware to open at $1.69, and during the day (based on 14 day Average True Range), to move between $1.59 and $1.79, which gives a possible trading interval of +/-$0.103 (+/-6.09%) up or down from last closing price. If Aware takes out the full calculated possible swing range there will be an estimated 12.18% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $1.75 (3.55%) than the support at $1.62 (4.14%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Aware stock A Buy?
The Aware stock holds several negative signals and despite the positive trend, we believe Aware will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.677 Sell Candidate Unchanged
Predicted Opening Price for Aware of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $1.69 ( 0.197%) | $1.69 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AWRE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.74 | 2.76 % | |
| R2 | 1.72 | 1.63 % | ||
| R1 | 1.71 | 0.93 % | ||
| Current price: | 1.69 | |||
| Support | S1 | 1.67 | -1.33 % | |
| S2 | 1.66 | -2.03 % | ||
| S3 | 1.64 | -3.16 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.95 | 15.38 % | |
| R2 | 1.81 | 7.10 % | ||
| R1 | 1.75 | 3.55 % | ||
| Current price | 1.69 | |||
| Support | S1 | 1.62 | -4.14% | |
| S2 | 1.60 | -5.33% | ||
| S3 | 1.55 | -8.28% |
AWRE Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 26, 2014 | Jul 25, 2014 | Jul 24, 2014 | $1.75 | 26.40% |
| 2 | Nov 19, 2012 | Dec 18, 2012 | Dec 17, 2012 | $1.80 | 26.16% |
| 3 | Apr 27, 2012 | May 09, 2012 | May 25, 2012 | $1.15 | 20.65% |
FAQ
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