NASDAQ trade advice (A): US finance stock | 12-14% gain | USA stock trading signal on 20 Nov 2024

Date
November 20, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NASDAQ, United States of America

USA Stock Trading Advice

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Affirm Holdings Incorporation
  • 60 – 63
  • 70 – 72
  • Below 56
  • 12% – 14%
  • 12 - 14 Days
  • Buy
    Affirm Holdings Incorporation
  • Buy
    Range
    60 – 63
  • Target
    70 – 72
  • Stoploss
    Below 56
  • Upside
    Potential
    12% – 14%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    Affirm Holdings Incorporation (NASDAQ: AFRM) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • AFRM
  • Affirm Holdings Incorporation
  • Finance
  • 62.88
  • 22.25
  • NASDAQ code AFRM
  • Stock Name Affirm Holdings Incorporation
  • Sector Finance
  • 52 Weeks High 62.88
  • 52 Weeks Low 22.25
  • Affirm Holdings Incorporation (NASDAQ: AFRM) vs NASDAQ - Relative Strength Comparison

    The image highlights Affirm Holdings Incorporation's performance over the last year versus NASDAQ.
    Relative Performance - Last 1 Year
    AFRM —   NASDAQ —

  • Affirm Holdings Incorporation (NASDAQ: AFRM) - Technical Analysis (Daily)

    Affirm Holdings Incorporation - Technical Analysis chart on Daily Price and Volume
    Affirm Holdings Incorporation - Technical Analysis chart on Daily Price and Volume

    • The stock price encountered significant resistance near the 52.5 level and has since entered an extended consolidation phase.
    • During this time, a Rounding Bottom pattern has developed.
    • Following a strong breakout, the price is poised for further upward movement.
  • Affirm Holdings Incorporation (NASDAQ: AFRM) - RSI Indicator

    Affirm Holdings Incorporation stock analysis based on RSI indicator
    Affirm Holdings Incorporation - RSI indicator

    • Current RSI of this stock is 72.76, which indicates the strength of buyers.

  • Affirm Holdings Incorporation (NASDAQ: AFRM) - ADX & DI Indicator

    Affirm Holdings Incorporation stock analysis based on ADX & DI indicator
    Affirm Holdings Incorporation - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Affirm Holdings Incorporation (NASDAQ: AFRM) - MACD Indicator

    Affirm Holdings Incorporation stock analysis based on MACD indicator
    Affirm Holdings Incorporation - MACD indicator

    • MACD line has crossed the signal line from the below, generates bullish signal.

  • Conclusion - Affirm Holdings Incorporation (NASDAQ: AFRM) Stock Price Forecast

    Based on our swing trade signals for Nasdaq 100 stocks, Rasan Information Technology stock price target will be USD 70 - USD 72 in the next 12-14 trading sessions.

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    Target hit. Trade closed.

    20 Nov 2024
    22 Nov 2024
    22 Nov 2024
    3 days
    Loss per
    100,000 SAR
    Stop-loss
    56
    Buy Advice
    20 Nov 2024
    60 – 63
    Target 1
    22 Nov 2024
    70
    Target 2
    22 Nov 2024
    72
    Profit per
    100,000 SAR
    3 days
    13,086
    56
    60 – 63
    70
    72
    13,086
    20 Nov 2024
    22 Nov 2024
    22 Nov 2024
    3 days
    Loss per
    100,000 SAR
    Stop-loss
    56
    Buy Advice
    20 Nov 2024
    60 – 63
    Target 1
    22 Nov 2024
    70
    Target 2
    22 Nov 2024
    72
    Profit per
    100,000 SAR
    3 days
    13,086
    56
    60 – 63
    70
    72
    13,086
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Affirm Holdings Incorporation
  • 60 – 63
  • 70 – 72
  • Below 56
  • 12% – 14%
  • 12 - 14 Days
  • Buy Affirm Holdings Incorporation
  • Buy
    Range
    60 – 63
  • Target 70 – 72
  • Stoploss Below 56
  • Upside
    Potential
    12% – 14%
  • Trade
    Duration
    12 - 14 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Affirm Holdings Incorporation
  • 60 – 63
  • 70 – 72
  • Below 56
  • 12% – 14%
  • 12 - 14 Days
  • Buy
    Affirm Holdings Incorporation
  • Buy
    Range
    60 – 63
  • Target
    70 – 72
  • Stoploss
    Below 56
  • Upside
    Potential
    12% – 14%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Affirm Holdings Incorporation (NASDAQ: AFRM) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • AFRM
  • Affirm Holdings Incorporation
  • Finance
  • 62.88
  • 22.25
  • NASDAQ code AFRM
  • Stock Name Affirm Holdings Incorporation
  • Sector Finance
  • 52 Weeks High 62.88
  • 52 Weeks Low 22.25
  • Company profile

    Affirm Holdings, Inc. operates a comprehensive payment network in the United States, Canada, and internationally, providing innovative financial solutions for consumers and merchants. Founded in 2012 and headquartered in San Francisco, California, Affirm’s platform offers point-of-sale payment solutions, merchant commerce tools, and a consumer-focused mobile app. Through partnerships with originating banks and capital markets, consumers can pay for purchases over time, enhancing flexibility and affordability. Affirm’s extensive merchant network spans small businesses, large enterprises, direct-to-consumer brands, and omni-channel retailers across diverse industries, including sporting goods, home and lifestyle, travel, electronics, fashion, equipment, and general merchandise. By streamlining payment processes and expanding purchasing power, Affirm has established itself as a leading player in the payment solutions space.

  • Affirm Holdings Incorporation (NASDAQ: AFRM) vs NASDAQ - Relative Strength Comparison

    The image highlights Affirm Holdings Incorporation's performance over the last year versus NASDAQ.
    Relative Performance - Last 1 Year
    AFRM —   NASDAQ —

  • Affirm Holdings Incorporation (NASDAQ: AFRM) - Technical Analysis (Daily)

    Affirm Holdings Incorporation - Technical Analysis chart on Daily Price and Volume
    Affirm Holdings Incorporation - Technical Analysis chart on Daily Price and Volume

    • The stock price encountered significant resistance near the 52.5 level and has since entered an extended consolidation phase.
    • During this time, a Rounding Bottom pattern has developed.
    • Following a strong breakout, the price is poised for further upward movement.
  • Affirm Holdings Incorporation (NASDAQ: AFRM) - RSI Indicator

    Affirm Holdings Incorporation stock analysis based on RSI indicator
    Affirm Holdings Incorporation - RSI indicator

    • Current RSI of this stock is 72.76, which indicates the strength of buyers.

  • Affirm Holdings Incorporation (NASDAQ: AFRM) - ADX & DI Indicator

    Affirm Holdings Incorporation stock analysis based on ADX & DI indicator
    Affirm Holdings Incorporation - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Affirm Holdings Incorporation (NASDAQ: AFRM) - MACD Indicator

    Affirm Holdings Incorporation stock analysis based on MACD indicator
    Affirm Holdings Incorporation - MACD indicator

    • MACD line has crossed the signal line from the below, generates bullish signal.

  • Conclusion - Affirm Holdings Incorporation (NASDAQ: AFRM) Stock Price Forecast

    Based on our swing trade signals for Nasdaq 100 stocks, Rasan Information Technology stock price target will be USD 70 - USD 72 in the next 12-14 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website