NASDAQ trade advice (A): US software stock | 5-7% gain | USA stock trading idea on 4 Dec 2024

Date
December 4, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NASDAQ, United States of America

Swing Trading Advice in US Stocks

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • AvePoint Incorporation
  • 17.9 – 18.2
  • 19.2 – 19.5
  • Below 17.2
  • 5% – 7%
  • 14 - 15 Days
  • Buy
    AvePoint Incorporation
  • Buy
    Range
    17.9 – 18.2
  • Target
    19.2 – 19.5
  • Stoploss
    Below 17.2
  • Upside
    Potential
    5% – 7%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    AvePoint Incorporation (NASDAQ: AVPT) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • AVPT
  • AvePoint Incorporation
  • Software
  • 18.75
  • 7.08
  • NASDAQ code AVPT
  • Stock Name AvePoint Incorporation
  • Sector Software
  • 52 Weeks High 18.75
  • 52 Weeks Low 7.08
  • AvePoint Incorporation (NASDAQ: AVPT) vs NASDAQ - Relative Strength Comparison

    The image showcases AvePoint Incorporation's 1-year performance relative to NASDAQ.
    Relative Performance - Last 1 Year
    AVPT —   NASDAQ —

  • AvePoint Incorporation (NASDAQ: AVPT) - Technical Analysis (Daily)

    AvePoint Incorporation - Technical Analysis chart on Daily Price and Volume
    AvePoint Incorporation - Technical Analysis chart on Daily Price and Volume

    • The stock price was moving up within a parallel channel.
    • After breaking out, it saw a substantial increase, hitting an all-time high near the 18.75 level.
    • Now, following a brief pullback from that peak, the price is once again moving upward.
  • AvePoint Incorporation (NASDAQ: AVPT) - RSI Indicator

    AvePoint Incorporation stock analysis based on RSI indicator
    AvePoint Incorporation - RSI indicator

    • Current RSI of this stock is 77.28, which indicates the strength of buyers.

  • AvePoint Incorporation (NASDAQ: AVPT) - ADX & DI Indicator

    AvePoint Incorporation stock analysis based on ADX & DI indicator
    AvePoint 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.

  • AvePoint Incorporation (NASDAQ: AVPT) - EMA Crossover

    AvePoint Incorporation stock analysis based on EMA Crossover
    AvePoint Incorporation - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - AvePoint Incorporation (NASDAQ: AVPT) Stock Price Forecast

    Based on our short term trading signals for US stocks, AvePoint Incorporation stock price target will be USD 19.2 - USD 19.5 in the next 14-15 trading sessions.

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    Stoploss reached. Trade closed.

    7 days
    27 Dec 2024
    4 Dec 2024
    Loss per
    100,000 SAR
    7 days
    -3,911
    Stop-loss
    27 Dec 2024
    17.2
    Buy Advice
    4 Dec 2024
    17.9 – 18.2
    Target 1
    19.2
    Target 2
    19.5
    Profit per
    100,000 SAR
    -3,911
    17.2
    17.9 – 18.2
    19.2
    19.5
    7 days
    27 Dec 2024
    4 Dec 2024
    Loss per
    100,000 SAR
    7 days
    -3,911
    Stop-loss
    27 Dec 2024
    17.2
    Buy Advice
    4 Dec 2024
    17.9 – 18.2
    Target 1
    19.2
    Target 2
    19.5
    Profit per
    100,000 SAR
    -3,911
    17.2
    17.9 – 18.2
    19.2
    19.5
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • AvePoint Incorporation
  • 17.9 – 18.2
  • 19.2 – 19.5
  • Below 17.2
  • 5% – 7%
  • 14 - 15 Days
  • Buy AvePoint Incorporation
  • Buy
    Range
    17.9 – 18.2
  • Target 19.2 – 19.5
  • Stoploss Below 17.2
  • Upside
    Potential
    5% – 7%
  • Trade
    Duration
    14 - 15 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • AvePoint Incorporation
  • 17.9 – 18.2
  • 19.2 – 19.5
  • Below 17.2
  • 5% – 7%
  • 14 - 15 Days
  • Buy
    AvePoint Incorporation
  • Buy
    Range
    17.9 – 18.2
  • Target
    19.2 – 19.5
  • Stoploss
    Below 17.2
  • Upside
    Potential
    5% – 7%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    AvePoint Incorporation (NASDAQ: AVPT) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • AVPT
  • AvePoint Incorporation
  • Software
  • 18.75
  • 7.08
  • NASDAQ code AVPT
  • Stock Name AvePoint Incorporation
  • Sector Software
  • 52 Weeks High 18.75
  • 52 Weeks Low 7.08
  • Company profile

    AvePoint, Inc. delivers a cloud-native data management software platform across North America, Europe, the Middle East, Africa, and the Asia Pacific region. The company also provides software-as-a-service solutions and productivity applications. With a focus on modularity and cloud services architecture, AvePoint addresses key challenges in data management for organizations utilizing third-party cloud vendors such as Microsoft, Salesforce, Google, AWS, Box, and Dropbox, among others. Additionally, they offer licensing, support, and maintenance services. Founded in 2001, AvePoint is based in Jersey City, New Jersey.

  • AvePoint Incorporation (NASDAQ: AVPT) vs NASDAQ - Relative Strength Comparison

    The image showcases AvePoint Incorporation's 1-year performance relative to NASDAQ.
    Relative Performance - Last 1 Year
    AVPT —   NASDAQ —

  • AvePoint Incorporation (NASDAQ: AVPT) - Technical Analysis (Daily)

    AvePoint Incorporation - Technical Analysis chart on Daily Price and Volume
    AvePoint Incorporation - Technical Analysis chart on Daily Price and Volume

    • The stock price was moving up within a parallel channel.
    • After breaking out, it saw a substantial increase, hitting an all-time high near the 18.75 level.
    • Now, following a brief pullback from that peak, the price is once again moving upward.
  • AvePoint Incorporation (NASDAQ: AVPT) - RSI Indicator

    AvePoint Incorporation stock analysis based on RSI indicator
    AvePoint Incorporation - RSI indicator

    • Current RSI of this stock is 77.28, which indicates the strength of buyers.

  • AvePoint Incorporation (NASDAQ: AVPT) - ADX & DI Indicator

    AvePoint Incorporation stock analysis based on ADX & DI indicator
    AvePoint 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.

  • AvePoint Incorporation (NASDAQ: AVPT) - EMA Crossover

    AvePoint Incorporation stock analysis based on EMA Crossover
    AvePoint Incorporation - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - AvePoint Incorporation (NASDAQ: AVPT) Stock Price Forecast

    Based on our short term trading signals for US stocks, AvePoint Incorporation stock price target will be USD 19.2 - USD 19.5 in the next 14-15 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.

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