Largest Positive Opening Gaps for AIZN

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

Using the 12 largest gap-up moves over the last 3 years in AIZN stock, the average move was +2.1% with the single largest opening gap of +2.8% occurring on 10-May-2022. Following the opening, AIZN tended to drift lower to the closing price 83% of the time for an average loss of -1.2%. The following day, AIZN stock price averaged -0.5% losses, with up moves more frequent than down moves. The stock was up 67% of the time in that period one day after these significant gaps.

Catalysts

3 of AIZN's 12 largest moves corresponded with a large gap up in the overall market.

Open-to-High and Open-to-Low

The largest percentage gain from the open to the high of the day was +4.4% on 20-Mar-2023, while the biggest drop from the open to the low was -4.0% on 4-Apr-2023. On average, the AIZN stock price gain from the opening price to the highest point of the day was +1.5%, and the average drop to the lowest point was -1.8%.

Day Drift Open-to-Close

The best performance in AIZN stock price from opening price to closing price (referred to as the "drift" for the day) was on 14-Mar-2023 for a +3.0% gain after the stock gapped up +2.1% at the open. The worst worst return from the opening price to the closing price was on 29-Mar-2023 when the stock lost -4.1% after the stock gapped up +1.9%. Overall in the 12 available observations, the stock drifted lower 83% of the time for an average loss of -1.2%.