Alpine Acquisition Corporation Stock Forecast
Alpine Acquisition Corporation stock price down 0% on Thursday
(Updated on Jun 20, 2024)
No changes to the price of Alpine Acquisition Corporation stock on the last trading day (Thursday, 20th Jun 2024). During the last trading day the stock fluctuated 1.10% from a day low at $10.43 to a day high of $10.55. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
Given the current horizontal trend, you can expect Alpine Acquisition Corporation stock with a 90% probability to be traded between $10.54 and $10.54 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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REVE Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, June 18, 2024, and so far it has fallen 0%. 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. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Alpine Acquisition Corporation 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.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.115 between high and low, or 1.10%. For the last week the stock has had daily average volatility of 1.10%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (REVE) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect Alpine Acquisition Corporation to open at $10.51, and during the day (based on 14 day Average True Range), to move between $10.45 and $10.63, which gives a possible trading interval of +/-$0.0903 (+/-0.86%) up or down from last closing price. If Alpine Acquisition Corporation takes out the full calculated possible swing range there will be an estimated 1.71% move between the lowest and the highest trading price during the day.
Is Alpine Acquisition Corporation stock A Buy?
Alpine Acquisition Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -2.750 Sell Candidate Unchanged
Predicted Opening Price for Alpine Acquisition Corporation of Friday, June 21, 2024
| Fair opening price June 21, 2024 | Current price |
|---|---|
| $10.51 ( 0.332%) | $10.54 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for REVE
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 10.62 | 0.759% |
| R2 | 10.58 | 0.342% |
| R1 | 10.55 | 0.0847% |
| Price | 10.54 | |
| S1 | 10.46 | -0.749% |
| S2 | 10.43 | -1.01% |
| S3 | 10.39 | -1.42% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 10.54 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
FAQ
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