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RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CXAI
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Red day on Thursday for CXApp Inc. stock after losing 2.21%
(Updated on Jun 20, 2024)

Sell candidate since May 20, 2024 Loss -32.21% PDF

The CXApp Inc. stock price fell by -2.21% on the last day (Thursday, 20th Jun 2024) from $2.26 to $2.21. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 4.63% from a day low at $2.16 to a day high of $2.26. The price has fallen in 8 of the last 10 days and is down by -18.45% for this period. Volume has increased on the last day by 132 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, 385 thousand shares were bought and sold for approximately $850.85 thousand.

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 -26.61% during the next 3 months and, with a 90% probability hold a price between $0.515 and $3.40 at the end of this 3-month period.

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CXAI 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 CXApp 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 $2.37 and $2.92. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, April 01, 2024, and so far it has fallen -64.07%. Further fall is indicated until a new bottom pivot has been found. CXApp 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".

Support, Risk & Stop-loss for CXApp 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 $0.1000 between high and low, or 4.63%. For the last week, the stock has had daily average volatility of 4.35%.

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

Trading Expectations (CXAI) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect CXApp Inc. to open at $2.21, and during the day (based on 14 day Average True Range), to move between $1.97 and $2.45, which gives a possible trading interval of +/-$0.237 (+/-10.74%) up or down from last closing price. If CXApp Inc. takes out the full calculated possible swing range there will be an estimated 21.49% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $2.28, some $0.0700 (3.17%) from the current price of $2.21, our system finds the risk reward not very attractive.

Is CXApp Inc. stock A Buy?

CXApp 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: -7.580 Strong Sell Candidate Unchanged

Predicted Opening Price for CXApp Inc. of Friday, June 21, 2024

Fair opening price June 21, 2024 Current price
$2.21 ( 0%) $2.21

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

Trading levels for CXAI

Fibonacci Support & Resistance Levels

Level Price
R3 2.31 4.52%
R2 2.27 2.80%
R1 2.25 1.73%
Price 2.21
S1 2.17 -1.73%
S2 2.15 -2.80%
S3 2.11 -4.52%

Accumulated Volume Support & Resistance Levels

Level Price
R3 2.48 12.22%
R2 2.38 7.69%
R1 2.28 3.17%
Price 2.21
S1 0 -
S2 0 -
S3 0 -

FAQ

What is the symbol for CXApp Inc. Stock and on which exchange is it traded?
The symbol for CXApp Inc. is CXAI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell CXApp Inc. Stock?
CXApp 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.

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

What's the current price of CXApp Inc. Stock?
As of the end of day on the Jun 20, 2024, the price of an CXApp Inc. (CXAI) share was $2.21.

What is the 52-week high and low for CXApp Inc. Stock?
The 52-week high for CXApp Inc. Stock is $13.49 and the 52-week low is $1.03.

What is the market capitalization of CXApp Inc. Stock?
As of the Jun 20, 2024, the market capitalization of CXApp Inc. is 34.475M.

When is the next earnings date for CXApp Inc.?
The upcoming earnings date for CXApp Inc. is Aug 05, 2024.
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