Largest Positive Opening Gaps for AGRIW

How does AGRIW usually behave after a large gap-up move?

Using the 12 largest gap-up moves over the last 3 years in AGRIW stock, the average move was +89.2% with the single largest opening gap of +148.7% occurring on 14-Feb-2024. Following the opening, AGRIW tended to drift lower to the closing price 58% of the time for an average loss of -15.6%. The following day, AGRIW stock price averaged +4.8% gains, with up moves and down moves occurring equally.

Catalysts

1 of the moves coincided with a company-issued press release.

Open-to-High and Open-to-Low

The largest percentage gain from the open to the high of the day was +47.7% on 15-Feb-2024, while the biggest drop from the open to the low was -57.7% on 14-Feb-2024. On average, the AGRIW stock price gain from the opening price to the highest point of the day was +6.9%, and the average drop to the lowest point was -32.5%.

Day Drift Open-to-Close

The best performance in AGRIW stock price from opening price to closing price (referred to as the "drift" for the day) was on 15-Feb-2024 for a +29.7% gain after the stock gapped up +93.7% at the open. The worst worst return from the opening price to the closing price was on 14-Feb-2024 when the stock lost -57.7% after the stock gapped up +148.7%. Overall in the 12 available observations, the stock drifted lower 58% of the time for an average loss of -15.6%.