INPX 1D -60% for 120% Trade off? Nasty move for the microcap INPX. Falling wedge breakdown measured move followed by bounce within fib range back to golden ratio for 120%.
INPIXON
Inpixon engages in the provision of indoor positioning and data analytics services. It operates through the following business segments: Indoor Intelligence, Shoom, and SAVES. The Indoor Intelligence segment includes hardware, software licenses, and professional services. The Shoom segment offers comprehensive digital solutions or cloud-based applications and analytics for the media and publishing industry. The SAVES segment provides a set of data analytics and statistical visualization software solutions for engineers and scientists. The company was founded by Abdus Salam Qureishi in 1972 and is headquartered in Palo Alto, CA.
XTIA trade ideas
$INPX Incoming Airnotic Stock Surge An exciting merger is on the horizon as Inpixon (NASDAQ: INPX) is set to complete its merger with XTI Aircraft in Q4. This merger could have a positive impact on INPX stock thanks to its potential to drastically increase its revenues. With this in mind, XTI’s Trifan 600 aircraft is highly demanded and could be a selling point for the stock. In light of this, INPX stock may be well-positioned to soar ahead of the merger’s closing.
INPX Fundamentals
With the company looking to change its business direction into a more lucrative industry, INPX agreed to merge with XTI Aircraft which is currently developing its Trifan 600 aircraft. This aircraft is seeing extremely high demand as it currently has more than 700 conditional pre-orders which would amount to $7.1 billion in revenues at its current price of $10 million per unit.
This potential for generating substantial revenues is one of the reasons INPX stock could soar ahead of the merger’s closing. However, there is another reason why the stock could run ahead of the merger. Currently, the company has an ongoing ATM offering where it intends to raise $25 million which was then increased to $27.4 million. This ATM offering could be ending soon since the company shared that as of June 13, only $7.1 million worth of shares remained under the program. For this reason, the stock could witness a post-offering run soon which could be further catalyzed by the closing of the merger approaching.
While INPX stock could be an extremely profitable trade, it may be a very risky long-term investment. The reason for this is that XTI plans to start producing its Trifan 600 aircraft in 2027 which means that the company would not be able to realize revenues from its $7.1 billion pre-orders anytime soon. It is also worth noting that the production process would require a significant amount of cash which could see the company raising capital through issuing equity – diluting its shareholders in the process. Based on this, INPX may only be a profitable swing trade for traders.
INPX Financials
According to INPX’s Q1 2023 report, the company’s assets took a massive QoQ hit decreasing from $57.6 million to $29.9 million, largely due to a $32.97 million loss due to discontinued operation related to spinning off its division CXApp (NASDAQ: CXAI). Having said that, the company’s cash balance increased from $10.2 million to $15.2 million. On the other hand, the company’s liabilities decreased from $25.5 million to $23.7 million due to the termination of current liabilities of discontinued operations.
When it comes to revenue, the company experienced a YoY increase from $2.6 million to $3.1 million. Expenses also decreased from $11 million to $10.4 million. That said, its net loss actually increased from $11.5 million to $17.1 million due to a $4.8 million loss from discontinued operations related to CXAI’s spinoff, income tax provisions, and interest expenses.
Technical Analysis
INPX stock is in a neutral trend and is trading in a sideways channel between $0.19 and $0.23. Looking at the indicators, the stock is above the 200, 50, and 21 MAs which is a bullish indication. Meanwhile, the RSI is overbought at 70 and the MACD is bullish.
As for the fundamentals, the closing of the company’s merger in Q4 and the end of its ongoing ATM offering are catalysts that could see INPX stock run. Taking that into consideration, investors could wait for the RSI to recalibrate and the stock to cool down from its latest run to go long ahead of the company’s catalysts.
INPX Forecast
With its merger with XTI Aircraft closing soon, INPX could be poised to run in the coming weeks due to the excitement surrounding the deal. This bullish sentiment is due to XTI’s aircraft more than 700 conditional pre-orders which would translate to $7.1 billion. At the same time, the stock could also run due to its ongoing ATM offering potentially ending soon since the company had $7.1 million worth of shares under the program as of June 13. With this in mind, investors should note that the stock is extremely risky in the long term, so it may be better to approach it as a swing trade ahead of its catalysts.
$INPX Riding The AI WaveAfter SPAC KINZ Technology merged with CXApp Inc. (NASDAQ: CXAI), Inpixon’s (NASDAQ: INPX) past subsidiary, CXAI stock saw itself soaring more than 50% due to the rising interest in AI stocks. In turn, INPX ran more than 15% thanks to its stake in CXAI. With that in mind, INPX stock can prove to be a great sympathy play to AI stocks.
INPX Fundamentals
With AI stocks gaining more interest, INPX saw itself benefiting from the new trend even if it is not an AI company itself due to its 4.25% stake in CXAI – its spin-off. This stake equates to $6.6 million – more than INPX’s market cap of $6.1. Based on this, INPX stock could be extremely undervalued at current levels which could be a sign that the stock might soar to reflect the company’s value.
Meanwhile, INPX could be a profitable sympathy play to the AI sector thanks to its stake in CXAI. With CXAI stock gaining momentum along with the AI sector, INPX could provide investors with exposure to the AI sector which makes it an attractive play at its relatively low PPS. Given its low float of 26.6 million, INPX stock could return substantial percentage gains as the AI sector continues its run.
As for its core operations, INPX operates in the $3.9 billion real-time location services market. Since this market is expected to grow to $12.6 billion by 2026, INPX could be well-positioned to gain a significant share of this market as it was named a leader in indoor location services at the Gartner Magic Quadrant this year. If INPX is able to grow and maintain its position as a leader in this market, then its stock might be a bargain at its current PPS.
INPX Financials
In its Q1 2023 report, INPX’s assets decreased 47% QoQ from $57 million to $30 million, and its cash and cash equivalents increased 50% QoQ from $10.2 million to $15.2 million. INPX’s total liabilities decreased by 6% QoQ from $25.2 million to $23.7 million.
Revenue also increased 17% YoY from $2.6 million to $3.1 million. Operating costs decreased almost 4% from $11 million to $10.5 million, which contributed to the operating loss decrease of %12 YoY from $9.2 million to $8.1 million, which amounted to a net loss of $17 million – a 47% increase YoY.
Technical Analysis
INPX stock’s trend is neutral with the stock trading in a sideways channel between $0.1904 and $0.2237. Looking at the indicators, the stock is trading below the 200, 50, and 21 MAs which are bearish indications. Meanwhile, the RSI is neutral at 62 and the MACD is bullish.
As for the fundamentals, INPX does not have any upcoming catalysts. However, the stock could be a profitable sympathy play to the AI sector thanks to its stake in CXAI. As C3.ai is set to release its Q4 earnings on May 31, INPX could soar alongside CXAI stock if C3.ai beats estimates.
INPX Forecast
INPX stock seems to be following AI stocks’ trend even if it is not an AI stock itself due to its 4.25% stake in CXAI. Furthermore, INPX is probably undervalued as its stake in CXAI is worth more than its whole market cap. All of that combined makes INPX an interesting choice amidst the AI interest that has been building up.
INPX is our volume mover of the day with a trigger around $2Based on cycle theory and volume bottom bounce we should see a move on this stock at around $2.00 Maybe less. I have my alert set I will let you know when it goes off.
by iCantw84it
01/25/23
INPX | Great Risk Reward Pick | BounceInpixon, together with its subsidiaries, provides solutions and technologies worldwide. The company operated through three segments: Indoor Intelligence, Saves, and Shoom. The Indoor Intelligence segment offers smart office app provide a frictionless work environment; executive briefing centers, an omni-channel software platform provides a virtual briefing platform allowing organizations to offer a personalized experience for in-office, remote, and hybrid meetings; events, offers a mobile first and virtual event platform to connect remote and in person audiences in a fully branded, end to end event experience; inpixon mapping solution which provides users with the tools to add intelligence to complex indoor spaces; augmented reality and 3D allow businesses to scan a space and attach AR content persistently to any position; analytics and insights, a cloud-based analytics platform allows data from multiple sensors and data sources to be visualized for action by the operator; and on-device positioning solution enables a smartphone's precise location to be displayed to a user in a mobile app. This segment also provides Internet of Things (IoT) software-as-a-service platform, IoT devices, sensors and tags, video integration, security, and transceiver/modules. The Shoom segment offers digital solutions or cloud-based applications and analytics for the media and publishing industry, including eTearsheets and eInvoice. The SAVES provides a set of data analytics and statistical visualization software solutions for engineers and scientists, as well as data analytics and statistical visualization tools which comprise SigmaPlot, SigmaStat, SYSTAT, PeakFit, TableCurve 2D, TableCurve 3D, SigmaScan and MYSTAT. The company was formerly known as Sysorex Global and changed its name to Inpixon in March 2017. Inpixon is headquartered in Palo Alto, California.
INPX: $0.48 cents | a Super Stock ripe for a Come Back 2nd day of the year at it rewards believers with (+480%) gains
just when fear and lost of hope is at large then the HANDLER pumps it up for SHOWTIME
INPX 1W Scalp 100% or greaterSuper large falling wedgie
Inpixon® (Nasdaq: INPX) is the innovator of Indoor Intelligence™, delivering actionable insights for people, places and things. Combining the power of mapping, positioning and analytics, Inpixon helps to create smarter, safer, and more secure environments.
Long | INPXNASDAQ:INPX
Possible Scenario: LONG
Evidence: Price Action, Money Flow
TP1: 5$
TP2: 5.40$
I'm very confident about it.
Notice the volume characteristics on INPXNotice the buildup of high volume in the green. Increasing PVT, sellers are all out of the market. INPX will have a stellar 2022.
Inverted head and shoulders concept is finishing up.
INPX trading at a discountWe're in bullish accumulation. PVT is increasing over dropping price along with a higher low on RSI indicates future bullishness. Yesterday Inpixon announced increasing customer base by 55% in 2021. The news hasn't hit the masses yet.. Over the next week or so we should see $1.00 again.
This is not financial advice but an observation.
INPX quick analysissometimes its just a tough chart with no algo confluences yet but there will come a time where they will show themselves as they did in NURO
i hope this helps bring productive clarity to the INPX chart
thanks
Rigo
INPX - Bull- The market capitalization cycle will end at around 250 million and should follow the same as last year, ie by mid-February, only an estimate.
no financial board.
- The exact price cannot be estimated, it can range from $ 3.5 to $ 25 (it is likely that if the run occurs it will delimit a gap of $ 6.4)
- If we were bear, i would see a maximum of $ 2 in 5 months
good luck to the brave.
INPXthe middle black line (1-5) is very likely what could happen during this year
the green line is repeating over and over (W-Z) a small probability
the orange line (A-E) is after completely unexpected information, messages that would occur
this is not financial advice, it could be mirror image.
Bearish Wedge at 1hr TimeframeI hope don't break downward and keep pushing upwards. I hope to see $20 or $66 by end of the year according to Swing Trading Template on TradingView.
My Trading Story.My trading Story...
It has taken me just over two years to really establish confidence in my trading ability. I've lost sums on forex, been scammed by gurus, got burnt on multiple occasions. i've tried day trading, swing trading & spent thousands on courses. A desire to not be a slave to the wage!
many a time I failed, the no.1 reason was patience. I didn't have any.
Looking back all my loses were based on greed, lack of patience and trading when i shouldn't be!
The key things i have learnt is
1) Patience. I always expected the market to shoot up the minute I bought a stock like on the movies. This is not true. It never does. especially if you buy at the wrong time
2) Trust your judgement - When you place a trade, if you really believe it worked at the time, you should also still believe that trade will work a week later!
3) A logical entry point - this is no.1. When I look on charts now, I see bottoms (areas to buy) and tops (areas to sell) I don't look at 4hr or below charts nor do I even look at a trade when it is in between these two key areas.
4) Let the trade do it's thing. Step away from the computer. Look fleetingly, enjoy life, be confident in your analysis.
I play a numbers game, historical pricing is the basis of my entry points. I buy stocks at areas which you question why people would want to carry on selling. I sell at logical TP areas. It is a simple strategy that doesn't work for most people due to the lack of patience.
Have patience.
I am now a very consistent profitable stock investor.
Follow me for my view on stocks.