American Public Education Stock Forecast
American Public Education stock price ended at $14.20 on Thursday, after losing 3.40%.
(Updated on Mar 28, 2024)
The American Public Education stock price fell by -3.40% on the last day (Thursday, 28th Mar 2024) from $14.70 to $14.20. During the last trading day the stock fluctuated 5.78% from a day low at $14.09 to a day high of $14.91. The price has been going up and down for this period, and there has been a 13.06% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -62 thousand shares and in total, 87 thousand shares were bought and sold for approximately $1.24 million.
The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 22.89% during the next 3 months and, with a 90% probability hold a price between $14.07 and $20.12 at the end of this 3-month period.
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APEI Signals & Forecast
The American Public Education stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $14.22. On a fall, the stock will find some support from the long-term average at approximately $12.23. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Wednesday, March 06, 2024, and so far it has fallen -8.80%. Further fall is indicated until a new bottom pivot has been found. 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 American Public Education stock
American Public Education finds support from accumulated volume at $13.63 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 $0.82 between high and low, or 5.78%. For the last week the stock has had daily average volatility of 6.41%.
Our recommended stop-loss: $13.58 (-4.36%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 16 days ago.)
Trading Expectations (APEI) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect American Public Education to open at $14.40, and during the day (based on 14 day Average True Range), to move between $13.26 and $15.14, which gives a possible trading interval of +/-$0.94 (+/-6.65%) up or down from last closing price. If American Public Education takes out the full calculated possible swing range there will be an estimated 13.29% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $14.66 (3.24%) than the support at $13.63 (4.01%), 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 American Public Education stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for American Public Education stock to perform well in the short-term.
Current score: 3.248 Buy Candidate Unchanged
Predicted Opening Price for American Public Education of Monday, April 1, 2024
Fair opening price April 1, 2024 | Current price |
---|---|
$14.40 ( 1.40%) | $14.20 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for APEI
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 15.21 | 7.14 % | |
R2 | 14.90 | 4.94 % | ||
R1 | 14.71 | 3.59 % | ||
Current price: | 14.20 | |||
Support | S1 | 14.09 | -0.796 % | |
S2 | 13.89 | -2.15 % | ||
S3 | 13.58 | -4.34 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 15.57 | 9.65 % | |
R2 | 14.70 | 3.52 % | ||
R1 | 14.66 | 3.24 % | ||
Current price | 14.20 | |||
Support | S1 | 13.63 | -4.01% | |
S2 | 11.50 | -19.01% | ||
S3 | 11.15 | -21.48% |
FAQ
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