Market

Aptiv (APTV) Technical Analysis: It says stocks is Sideways

Aptiv PLC is a company that designs, develops, and manufactures car components. This company also offers electrical, electronic, and safety technology solutions to clients from automotive and commercial vehicle sectors. 

It has two diversified divisions: Signal and Power Solutions, Advanced Safety and User Experience. Complete electrical architecture and component items are included in the Signal and Power Solutions section. This company’s Safety and User Experience section includes component and system integration in connectivity and security solutions. It also develops sophisticated software development and self-driving technologies. 

Eliminations and other segments include the removal of inter-segment transactions, other expenditures, and non-operating or strategic revenue. The firm was established in 1994 and is based in Dublin, Ireland.

Ireland-based Aptiv Plc is a company that designs, develops, produces, and distributes car components. The firm supplies automotive and commercial vehicle sectors with electrical, electronic, and safety technology solutions. It is divided into three business segments: Signal and Power Solutions, Advanced Safety, and User Experience.

Prices

Aptiv Plc stock ended at $95.57, with a total market worth of $25.85B (44M shares outstanding). Aptiv Plc trades under the symbol APTV on the New York Stock Exchange. The price of Aptiv Plc has increased by -1.78% in the last 24 hours. Aptiv Plc’s stock price forecast is now optimistic.

Aptiv PLC raised its profitability forecast for the entire year (2023). Aptiv (NYSE: APTV) anticipates net sales in the range of $19,950 Million to $20,250 million for the period. Aptiv stock just published its Q2 results report on August 1st, 2023. The reported earnings have exceeded the projected earnings by 23.26%. Furthermore, the reported revenue outperformed the projected revenue by 7.73%.

The average volume for APTV stock is 1.866 million. The current volume is 2.465 million, which is much higher than the average volume. 

Analysis

APTV stock is trading roughly at $97.30 with the nearest resistance at $103.01. It has fallen by forming a bearish double-top pattern and dropping.

As a result, APTV may reach the nearest support levels of $95.97 and $91.88 if the stock price fails to maintain its present level and falls.

If it maintains its present level, APTV prices might continue to rise and approach the first and second resistance levels of $103.01 and $107.55, respectively.

On the Daily Chart

  • The Moving Averages Convergence Divergence (MACD) indicator for Aptiv PLC (APTV) is -2.01, indicating that Aptiv PLC is a Buy.
  • Aptiv PLC’s (APTV) 20-Day exponential moving average is 103.91, while the share price is $95.62, indicating a Sell.
  • Aptiv PLC’s (APTV) 50-Day exponential moving average is 104.02, while the share price is $95.62, indicating a Sell.

On the Weekly Chart

  • The Moving Averages Convergence Divergence (MACD) indicator for Aptiv PLC (APTV) is -0.25, indicating that Aptiv PLC is a Buy.
  • Aptiv PLC’s (APTV) 20-Day exponential moving average is 102.52, while the share price is $95.62, indicating a Sell.
  • Aptiv PLC’s (APTV) 50-Day exponential moving average is 104.51, while the share price is $95.62, indicating a Sell.

Indicators

The Relative Strength Index (RSI) for Aptiv PLC (APTV) is 43.05, indicating a Neutral signal.

The Trend Strength Indicator (ADX) for Aptiv PLC (APTV) is 14.18, indicating a Buy signal.

The Commodity Channel Index (CCI) of Aptiv PLC (APTV) is -59.19, indicating a Neutral signal.

The Price Rate of Change (ROC) for Aptiv PLC (APTV) is 2.41, indicating a Buy signal.

Aptiv PLC is trading below the 20, 50, 100, and 200-day EMA (exponential moving averages). It is indicating that the APTV price trend has been rejected. Consequently, the APTV price is likely to fall, indicating a negative outlook on the daily time frame chart.

Prediction

According to our most recent APTV stock projection, Aptiv Plc shares will increase by 2.54% to $98.00 per share by August 22, 2023. Our technical indicators indicate that the present attitude is Bearish, with the Fear & Greed Index reading 39 (Fear). 

APTV stock had 13/30 (43%) green days and 3.86% price volatility in the past 30 days. According to our Aptiv Plc stock projection, now is an excellent time to purchase APTV stock. It is now trading 2.48% below our forecast!

Aptiv Plc Stock Forecast 2025

The Aptiv Plc stock forecast for 2025 is now $122.70, assuming that Aptiv Plc shares will continue to increase at the same average annual rate as they did in the previous ten years. The APTV stock price would rise by 28.39% as a result.

Aptiv Plc Stock Forecast for 2030

If Aptiv Plc maintains its current 10-year average growth rate, its shares will be worth $229.16 in 2030. If this Aptiv Plc stock forecast for 2030 comes true, APTV stock will increase by 139.78% from its present price.

Alena

Wow! I can't believe we finally got to meet in person. You probably remember me from class or an event, and that's why this profile is so interesting - it traces my journey from student-athlete at the University of California Davis into a successful entrepreneur with multiple ventures under her belt by age 25

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