XPON price prediction for today bearish or bullish

**The price prediction for XPON today is bearish.** 1. **Current Price and Recent Performance**: - The closing price of XPON on September 20, 2024, was $0.19. - The stock has experienced a significant decline, with a 1-week percentage change of -5.16% and a 1-month percentage change of -98.72%. 2. **Technical Indicators**: - The MACD is at 0.06, indicating a bearish trend. - The KDJ is at 46.07, which could suggest a potential for a bearish reversal if it moves below 50. - The RSI is at 40.98, which is neither overbought nor oversold, but it is below 50, indicating a bearish momentum. 3. **Moving Averages**: - The 5-day moving average is $0.08, and the 10-day moving average is $0.07, which are both below the current price. This suggests that the short-term trend is upwards, but the overall trend is downwards as the stock is trading above these short-term moving averages. 4. **Market Sentiment and Forecasts**: - The stock has a resistance level at $0.93 and a support level at $0.88, which could indicate that the price is expected to face resistance at the current price level. - The forecast price for the next ten trading days is $0.06, which is lower than the current price. This suggests that the price is expected to decline in the short term. 5. **Recent Company Developments**: - Expion360 Inc. has announced a public offering to raise approximately $10 million, which could impact the stock price. - The company has also unveiled a new battery product, which may have positive long-term implications for the company but is unlikely to have an immediate impact on the stock price. In conclusion, the technical indicators and recent price performance suggest that the price of XPON is bearish in the short term. However, the moving averages indicate a potential for a short-term uptrend, and the resistance and support levels suggest that the price may face resistance at the current level. The forecast price for the next ten trading days is lower than the current price, indicating a bearish outlook.