AMCI Plummets 30.9% on Nasdaq Debut Amid SPAC Merger Volatility – What’s Next for AMC Robotics?

Summary
• AMC Robotics (AMCI) begins Nasdaq trading after SPAC merger with AlphaVest
• Intraday price plummets from $8.94 high to $6.726 low
• Current price at $7.1173, down 30.9% from previous close of $10.30

AMC Robotics, the newly public entity formed via AlphaVest’s SPAC merger, has experienced a dramatic intraday selloff on its Nasdaq debut. The stock opened at $8.37 but plunged to a low of $6.726 before recovering slightly. This sharp decline raises questions about market sentiment toward the merged entity’s AI-powered robotics ambitions and its $25.27 million market cap valuation.

SPAC Merger Volatility and Market Sentiment
The 30.9% intraday drop follows AlphaVest Acquisition Corp’s completion of its business combination with AMC Corporation, renaming the entity AMC Robotics. While the merger raised $10 million through private financing and trust cash, market participants appear skeptical about the company’s valuation. AlphaVest’s $25.27 million market cap is deemed overvalued by InvestingPro data, and the combined entity’s dynamic PE ratio of -6.56 suggests unprofitability. Additionally, the stock’s 52-week range (5.43–42.00) highlights historical volatility, with today’s move reflecting profit-taking after the 52-week high of $42.00 in 2025.

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Technical Analysis and ETF Strategy for AMCI’s Volatile Debut
• 200-day average: 9.87 (below current price)
• RSI: 46.88 (neutral zone)
• Bollinger Bands: Price at 7.1173, below middle band (10.04)
• MACD: -0.0273 (bearish divergence)
• Kline pattern: Short-term bearish, long-term bullish

AMCI’s technicals suggest a short-term bearish trend amid the intraday selloff, but long-term bullish potential remains tied to its AI robotics commercialization. Key support levels at 9.67 (lower Bollinger Band) and 9.84–9.87 (200D average) could trigger rebounds. However, the stock’s 7.61% turnover rate and 30.9% drop indicate high volatility. With no leveraged ETFs or options data provided, investors should monitor the 52-week low of $5.43 as a critical threshold. A break below 9.67 could accelerate the decline, while a rebound above 10.04 might signal short-term stabilization.

Backtest AMC Robotics Stock Performance
The backtest of AMC's performance after a -31% intraday plunge from 2022 to now reveals a mixed outlook. While the stock experienced a maximum return of -0.03% over a 30-day period, the overall trend was negative, with an average return of -1.98% over 10 days and -3.49% over 30 days. The win rates also indicate a higher probability of a positive return in the short term, with a 3-day win rate of 42.77% and a 10-day win rate of 43.75%, compared to a 30-day win rate of 40.82%. This suggests that while AMC may bounce back in the short term, long-term returns have been lackluster.

AMCI’s Nasdaq Debut Volatility: A Short-Term Downturn or a Buying Opportunity?
The 30.9% intraday drop reflects immediate market skepticism toward AMC Robotics’ valuation and profitability prospects, but the stock’s long-term bullish pattern and AI-driven warehouse robotics strategy could attract buyers at lower levels. Investors should watch for a breakdown below 9.67 or a rebound above 10.04 to gauge next steps. Meanwhile, sector leader Honeywell (HON) rose 0.436%, suggesting broader market resilience. For AMCI, the path forward hinges on commercialization progress and investor confidence in its $10 million funding. Aggressive bulls may consider a bounce above 10.04 as a potential entry point, while bears should monitor the 5.43 52-week low for further downside risk.