What will be AFRM share price be 10am to 12 pm today
9/3/2024 01:38pm
The share price of Affirm Holdings (AFRM) is expected to be influenced by various factors such as market conditions, company news, and broader economic indicators. Here's a detailed analysis based on the available information:
1. **Recent Performance**: AFRM has shown a positive trend, with a recent closing price of $44.01 on August 30, 2024. The stock has experienced a significant surge, gaining 5.64% on that day.
2. **Moving Averages**: AFRM's stock is currently trading above its 10-day, 20-day, 30-day, 50-day, and 200-day moving averages, which are $33.22, $29.32, $28.82, $29.45, and $34.79, respectively. This indicates a short-term upward trend.
3. **Analyst Ratings and Price Targets**: The stock has a strong buy rating from analysts, with an average price target of $40.00, indicating potential upside from the current price.
4. **Market Sentiment**: The sentiment is bullish, with a Fear & Greed Index indicating fear, which often precedes a potential market upswing. This sentiment could drive investor interest in AFRM stock.
5. **Technical Indicators**: The stock's technical indicators show a bullish trend, with a current RSI of 76.83, which is considered overbought but suggests strong buying momentum.
Based on these factors, it is likely that AFRM's share price will continue to trend upwards. However, it's important to note that stock prices can be volatile, and predicting short-term movements is challenging. Therefore, it's difficult to provide a precise share price for a specific time slot like 10am to 12pm today. Investors should monitor the stock closely and consider these factors when making investment decisions.