American Public Education Stock Forecast
American Public Education stock upgraded to Buy Candidate.
(Updated on Apr 25, 2024)
The American Public Education stock price gained 3.56% on the last trading day (Thursday, 25th Apr 2024), rising from $13.22 to $13.69. It has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 6.78% from a day low at $12.83 to a day high of $13.70. The price has been going up and down for this period, and there has been a 6.12% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 78 thousand more shares were traded than the day before. In total, 129 thousand shares were bought and sold for approximately $1.77 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 22.10% during the next 3 months and, with a 90% probability hold a price between $15.17 and $21.17 at the end of this 3-month period.
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APEI Signals & Forecast
The American Public Education stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $12.94 and $13.24. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. 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 -12.07%. 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).
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 has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.87 between high and low, or 6.78%. For the last week, the stock has had daily average volatility of 4.56%.
Our recommended stop-loss: $12.89 (-5.84%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 35 days ago.)
Trading Expectations (APEI) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect American Public Education to open at $13.41, and during the day (based on 14 day Average True Range), to move between $13.03 and $14.35, which gives a possible trading interval of +/-$0.662 (+/-4.83%) up or down from last closing price. If American Public Education takes out the full calculated possible swing range there will be an estimated 9.66% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $13.63 (0.44%) than the resistance at $13.94 (1.83%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 1.640 Buy Candidate Upgraded
Predicted Opening Price for American Public Education of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| $13.41 ( 2.07%) | $13.69 |
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 | 14.28 | 4.29 % | |
| R2 | 13.94 | 1.86 % | ||
| R1 | 13.74 | 0.358 % | ||
| Current price: | 13.69 | |||
| Support | S1 | 13.07 | -4.50 % | |
| S2 | 12.87 | -6.00 % | ||
| S3 | 12.54 | -8.42 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 15.57 | 13.73 % | |
| R2 | 14.66 | 7.09 % | ||
| R1 | 13.94 | 1.83 % | ||
| Current price | 13.69 | |||
| Support | S1 | 13.63 | -0.438% | |
| S2 | 11.50 | -16.00% | ||
| S3 | 11.15 | -18.55% |
FAQ
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