Resistance

Million

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>AULT stock price surged 3.02% in the last few intraday sessions and closed at $0.1195.&nbsp;</a> </li> 
 <li> <span>2</span> <a>Ault Alliance stock price slumped over 99.68% on a year-to-date basis.&nbsp;</a> </li> 
 <li> <span>3</span> <a>The company reported quarterly results on Monday, 23rd October.&nbsp;</a> </li> 
</ul> 
<p>Ault Alliance stock price experienced a short-term consolidation near an all-time low. The stock price has been falling sharply since May 2023. The price has dropped from a high of $25 to a low of $0.11 in the past six months.&nbsp;</p> 
<p>The company reported quarterly results on Monday, 23rd October which could not leave a major impact on the price trend. The price tried to surge and shift the trend. However, it suffered rejection from the upper levels due to heavy short-selling and slipped down.&nbsp;&nbsp;&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-ault-stock-price-slipped-despite-optimistic-quarterly-results-strong"><strong>Ault Stock Price Slipped Despite Optimistic Quarterly Results</strong></h2> 
<p>Ault Alliance Inc. owns and manages a data center, and provides various products for various industries including defense, aerospace, industrial, telecommunications, etc. Founded in 1969, the company holds a market cap of $1.265 Million.&nbsp;</p> 
<p>The company reported recent quarterly results on Monday, 23rd October. The company reported revenue surprising the estimates by 28.01%. The revenues were reported to be $52.518 Million against an estimate of $41.025 Million.</p> 
<h2 class="wp-block-heading" id="strong-ault-alliance-stock-price-prediction-2023-strong"><strong>Ault Alliance Stock Price Prediction 2023</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img loading="lazy" decoding="async" width="1600" height="747" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-165.png" alt="AULT Stock Price Prediction: Can Ault Alliance Make A Comeback?" class="wp-image-179962" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-165.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-165-300x140.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-165-1024x478.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-165-768x359.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-165-1536x717.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-165-750x350.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-165-1140x532.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: Ault Alliance NYSE By TradingView&nbsp;
  </figcaption>
 </figure>
</div> 
<p>The price trend analysis shows that the stock has been declining constantly for the last three years. The price took multiple attempts to recover however failed due to a lack of buying momentum.<br><br>Taking precisely about the price movement in the past three years, the stock crashed from a high of $2500 to a CMP at $0.1195. The price decline has eroded over 99.8% of its market capitalization in the past three years.&nbsp;</p> 
<p>The AULT stock price prediction for 2023 signifies a wide-range outlook in the current year. The most optimistic view of analysts expects the price to reach a high of $0.32 by the end of 2023. However, the pessimistic view of analysts expects a price decline to $0.745.&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-ault-alliance-stock-price-prediction-2024-strong"><strong>Ault Alliance Stock Price Prediction 2024</strong></h2> 
<p>&nbsp;Analysts offering yearly price forecasts for AULT stock expect the price to reach a maximum of $3.6 by the end of the financial year 2024.&nbsp; On the flip side, the minimum price estimate up to which analysts expect the stock price to reach $1.29 by the end of next year.&nbsp;&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p><a href="https://www.thecoinrepublic.com/2023/11/07/mgm-stock-price-prediction-2023-2024-2025-is-mgm-a-safe-long-term-bet/" target="_blank" rel="noreferrer noopener">Ault Alliance</a>, a data center company, has seen its stock price plummet from $2500 to $0.11 in three years. The stock is currently trading near an all-time low and faces a high risk of further decline in the upcoming sessions. The company reported better-than-expected revenue in the last quarter, but the price failed to recover due to heavy selling pressure.&nbsp;</p> 
<p>Moreover, analysts have a mixed outlook for the stock in 2023, with a high of $0.32 and a low of $0.745. If the price sustains near the CMP, it may show gains and reach a high of $3.6 by next year.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support Levels:</strong> $0.1165 and $0.0745.</li> 
 <li><strong>Resistance Levels:</strong> $0.206 and $0.327.&nbsp;</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

AULT Stock Price Prediction: Can Ault Alliance Make A Comeback?

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