RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of APPN
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Thursday for Appian Corp stock after gaining 1.86%
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 06, 2024 Gain 12.69% PDF

The Appian Corp stock price gained 1.86% on the last trading day (Thursday, 28th Mar 2024), rising from $39.22 to $39.95. During the last trading day the stock fluctuated 4.67% from a day low at $38.98 to a day high of $40.80. The price has been going up and down for this period, and there has been a 8.59% 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, 188 thousand more shares were traded than the day before. In total, 474 thousand shares were bought and sold for approximately $18.95 million.

The stock has broken the wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $39.64, a level that may pose a second chance to hit a runner. According to fan-theory $45.65 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

APPN Signals & Forecast

Mostly positive signals in the chart today. The Appian Corp stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $38.57 and $35.58. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, February 23, 2024, and so far it has risen 25.04%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Appian Corp stock

Appian Corp finds support from accumulated volume at $39.06 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 $1.82 between high and low, or 4.67%. For the last week, the stock has had daily average volatility of 4.05%.

Our recommended stop-loss: $38.50 (-3.64%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 24 days ago.)

Trading Expectations (APPN) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Appian Corp to open at $39.91, and during the day (based on 14 day Average True Range), to move between $38.22 and $41.68, which gives a possible trading interval of +/-$1.73 (+/-4.33%) up or down from last closing price. If Appian Corp takes out the full calculated possible swing range there will be an estimated 8.67% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $39.06, some $0.89 (2.23%) from the current price of $39.95, our system finds the risk reward attractive.

Is Appian Corp stock A Buy?

Several short-term signals, along with a general good trend, are positive and the stock has broken the rising trend up, which indicates an even stronger rate of rising. We can conclude that the current level may hold a buying opportunity as there is a fair chance for Appian Corp stock to perform well in the short-term period. Due to a possible false trend-break listing stock as pure buy candidate is held back.

Current score: 4.322 Buy Candidate Unchanged

Predicted Opening Price for Appian Corp of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$39.91 ( 0.100%) $39.95

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

Trading levels for APPN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 41.73 4.46 %
R2 41.03 2.72 %
R1 40.61 1.64 %
Current price: 39.95
Support S1 39.21 -1.84 %
S2 38.79 -2.92 %
S3 38.09 -4.66 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 39.95
Support S1 39.06 -2.23%
S2 37.61 -5.86%
S3 32.62 -18.35%

FAQ

What is the symbol for Appian Corp Stock and on which exchange is it traded?
The symbol for Appian Corp is APPN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Appian Corp Stock?
Several short-term signals, along with a general good trend, are positive and the stock has broken the rising trend up, which indicates an even stronger rate of rising. We can conclude that the current level may hold a buying opportunity as there is a fair chance for Appian Corp stock to perform well in the short-term period. Due to a possible false trend-break listing stock as pure buy candidate is held back.

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

What's the current price of Appian Corp Stock?
As of the end of day on the 2024-03-28, the price of an Appian Corp (APPN) share was $39.95.

What is the 52-week high and low for Appian Corp Stock?
The 52-week high for Appian Corp Stock is $54.26 and the 52-week low is $30.87.

What is the market capitalization of Appian Corp Stock?
As of the 2024-03-28, the market capitalization of Appian Corp is 2.932B.

When is the next earnings date for Appian Corp?
The upcoming earnings date for Appian Corp is May 14, 2024.
Click to get the best stock tips daily for free!

About Appian Corp

Appian Appian Corporation provides low-code automation platform in the United States and internationally. The company's platform automates the creation of forms, workflows, data structures, reports, user interfaces, and other software elements that are needed to be manually coded. The company also offers professional and customer support services. It serves to financial services, government, life sciences, insurance, manufacturing, energy, healthcare, t... APPN Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT