Largest Negative Opening Gaps for AMPGW

How does AMPGW usually behave after a large gap-down move?

Using the 12 largest gap-down moves over the last 3 years in AMPGW stock, the average move was -37.3% with the single largest opening gap of -48.1% occurring on 8-Sep-2023. Following the opening, AMPGW tended to drift higher to the closing price 75% of the time for an average gain of +25.6%. The following day, AMPGW stock price averaged +17.1% gains, with up moves more frequent than down moves. The stock was up 58% of the time in that period one day after these significant gaps.

Catalysts

1 of AMPGW's 12 largest moves corresponded with a large gap down 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 +95.4% on 8-Sep-2023, while the biggest drop from the open to the low was -29.1% on 10-Feb-2023. On average, the AMPGW stock price gain from the opening price to the highest point of the day was +34.4%, and the average drop to the lowest point was -6.2%.

Day Drift Open-to-Close

The best performance in AMPGW stock price from opening price to closing price (referred to as the "drift" for the day) was on 8-Sep-2023 for a +95.4% gain after the stock gapped down -48.1% at the open. The worst worst return from the opening price to the closing price was on 21-Nov-2023 when the stock lost -20.6% after the stock gapped down -45.6%. Overall in the 12 available observations, the stock drifted higher 75% of the time for an average gain of +25.6%.