ATMV Stock Summary and Trading Ideas (Alphavest Acquisition - | NASDAQ:ATMV)

AlphaVest Acquisition Corp is a blank check company.

Alphavest Acquisition - trades on the NASDAQ stock market under the symbol ATMV.

As of April 19, 2024, ATMV stock price was flat at $11.00 with 2,159 million shares trading.

ATMV has a beta of 0.01, meaning it tends to be less sensitive to market movements. ATMV has a correlation of 0.00 to the broad based SPY ETF.

ATMV has a market cap of $77.07 million. This is considered a Micro Cap stock.

ATMV has underperformed the market in the last year with a return of +6.4%, while the SPY ETF gained +21.2%. In the last 3 month period, ATMV fell short of the market, returning +2.2%, while SPY returned +4.3%. However, in the most recent 2 weeks ATMV has outperformed the stock market by returning +0.6%, while SPY returned -3.5%.

ATMV support price is $10.95 and resistance is $11.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ATMV stock will trade within this expected range on the day.