XTI Aerospace, Inc. Stock Forecast

Big movements in XTI Aerospace, Inc. stock price on Friday moving 11.26% between high and low
(Updated on May 10, 2024)

XTIA Signals & Forecast

There are few to no technical positive signals at the moment. The XTI Aerospace, 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 $1.92 and $2.60. 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 07, 2024, and so far it has fallen -99.67%. 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 along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for XTI Aerospace, 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 periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.179 between high and low, or 11.26%. For the last week the stock has had daily average volatility of 9.38%.

XTI Aerospace, Inc. is oversold on RSI14 (18). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Trading Expectations (XTIA) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect XTI Aerospace, Inc. to open at $1.67, and during the day (based on 14 day Average True Range), to move between -$1.37 and $4.65, which gives a possible trading interval of +/-$3.01 (+/-183.68%) up or down from last closing price. If XTI Aerospace, Inc. takes out the full calculated possible swing range there will be an estimated 367.37% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $1.72, some $0.0800 (4.88%) from the current price of $1.64, our system finds the risk reward not very attractive.

Is XTI Aerospace, Inc. stock A Buy?

XTI Aerospace, 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: -5.395 Strong Sell Candidate Unchanged

Predicted Opening Price for XTI Aerospace, Inc. of Monday, May 13, 2024

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