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- 1 CXApp Inc. stock added 12.26% intraday, and price surged more than 9% through the week.
- 2 In the pre-market session, CXAI stock opened 2.53% lower than its last trading price.
- 3 In the past 52 weeks, CXAI stock’s lowest trading price was $1.21, and its highest trading price was $21.
NASDAQ: CXAI stock added 12.26% in the August 1 trading session; however, in the weekly time frame, CXAI’s share price surged over 9.00%. Despite weekly and intraday surges, CXApp stock declined 28.88% in the monthly time frame and over 40% in a quarter.
In the past three trading sessions, buyers continued to dominate, which helped the price to recover slightly on Tuesday’s trading session, CXAI stock opened trading at $6.57, lowering to $6.56, it hit a high of $7.84 and closed trading at $7.51 with an intraday trading volume of 1.33 Million.
CXAI Stock Price Analysis
After analyzing the technical aspects of CXAI stock, it is noted that if buyers continued their dominance, then the stock might face immediate resistance of $8.28. If bullishness continues, it might face resistance from the $10.18 level.
If price fails to sustain at the higher levels, it might slip and face immediate resistance from the $6.87 level. declining momentum continues, it might face its worst resistance of $6.08. According to TradingView, 6.87 Million CXApp shares are closely held by the company’s financial backers or the board of directors, and the remaining 1.713 Million shares are free floating.
CXApp Inc.’s market capitalization is $64.456 Million, and its average trading volume is 717.856k. In the 52 weeks’ time frame, CXAI stock had the lowest trading price of $1.21, and the highest trading price was $21.
In the past three trading sessions, buyers were more potent than sellers, which helped them pull the prices upwards. CXAI stock opened 2.53% lower in the pre-market session compared to its last trading price.
The candlestick chart is making an inverse hammer that will take control of the market, and prices might drive in the upper direction.
Related News
CXAI is a worldwide technology leader in employee workplace experiences offering a business update as it advances the implementation and acceptance of its Artificial Intelligence (AI) platform.
The second quarter 2023 10-Q filing and earnings report, which is expected in the second week of August, will include detailed financial information.
“The CXAI SaaS platform is anchored on the intersection of customer experience (CX) and artificial intelligence (AI), providing digital transformation for the physical workplace for enhanced experiences across people, places, and things,” stated Khurram Sheikh, Chairman and CEO of CXApp.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
