The Airnet Technology Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stockKolkata Stocks. 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 $0.452 and $0.344. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on , and so far it has risen 155.59%. Further rise is indicated until a new top pivot has been foundLucknow Wealth Management. 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. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

On the downside, the stock finds support just below today's level from accumulated volume at $0.548. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the stock price.

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 $0.130 between high and low, or 22.70%. For the last week the stock has had daily average volatility of 22.27%.

The Airnet Technology Inc stock is extremely overbought on RSI14 (). This increases the short-term risk substantially.

Our recommended stop-loss:

$0.651

(-2.78%)

(This stock has very high daily movements and this gives very high risk. The RSI14 is 86 and this increases the risk substantially. There is a buy signal from a pivot bottom found 53 days ago.)

For the upcoming trading day on Wednesday, 30th we expect Airnet Technology Inc to open at $0.647, and during the day (based on 14 day Average True Range),

to move between $0.600 and $0.740,

which gives a possible trading interval of +/-$0.0704 (+/-10.51%) up or down from last closing price.

If Airnet Technology Inc takes out the full calculated possible swing range there will be an estimated 21.01% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $0.548, some $0.122 (18.23%) from the current price of $0.670, our system finds the risk reward attractive.

Airnet Technology Inc holds several positive signals, but we still don't find these to be enough for a buy candidateGuoabong Stock. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.