WhaleQuant.io
Affirm Holdings, Inc. (AFRM) Corporate Logo

Affirm Holdings, Inc. (AFRM) Stock Price & Analysis

Market: NASDAQ • Sector: Technology • Industry: Software - Infrastructure

Affirm Holdings, Inc. (AFRM) Profile & Business Summary

Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States and Canada. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its payments network and partnership with an originating bank, enables consumers to pay for a purchase over time with terms ranging from one to forty-eight months. As of June 30, 2021, the company had approximately 29,000 merchants integrated on its platform covering small businesses, large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies. Its merchants represent a range of industries, including sporting goods and outdoors, furniture and homewares, travel, apparel, accessories, consumer electronics, and jewelry. The company was founded in 2012 and is headquartered in San Francisco, California.

Key Information

Ticker AFRM
Exchange NASDAQ
Official Site https://www.affirm.com
CIK Number 0001820953
View SEC Filings

Market Trend Overview for AFRM

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-08-28 (ET)

As of 2026-08-28, AFRM is moving sideways with low volatility. Over the longer term, the trend remains bullish.

AFRM last closed at 77.76. The price is about 0.9 ATR above its recent average price (74.60), and the market is currently in a sideways market with low volatility. Price at 77.76 is moving between light support near 74.43 and light resistance near 78.73. Direction remains unclear. View Support & Resistance from Options

Price is moving in a tight range. This often leads to a stronger move once the range breaks, increasing one-sided risk.

Trend Alignment Summary

Trend score: 40 out of 100. Overall alignment is unclear. The market is currently in a sideways phase with tightening price movement. The longer-term trend is still positive, but short-term signals are not yet confirming it.

Key Risk Level

A key downside risk boundary is near 68.68. If price falls below this area, the current structure would likely weaken further.

Recent Trend Signal

A systematic trend-activation signal was most recently triggered on 2026-08-14, reflecting a technical shift toward positive directional alignment.

Unusual Price Movement

[2026-08-28] Trading activity was heavy, but price made little progress.Bearish signal near resistance (0.24 ATR away). Reversal risk is higher.

Recent Price Behavior

Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.

Overnight Positioning

There was no clear sign of meaningful positions being carried into the overnight session.

Next-day directional probability forecast Last updated: 2026-08-28 (ET)
Next-session outlook for 2026-08-31 (ET)
No clear next-day edge

What the model sees

The model stays neutral because the setup is not clear enough to justify a directional deployment.


Why the model says this

The model does not deploy this setup because price is still close to a gamma transition zone. Predictability is 41%, agreement is 65%, and reversal risk is 25%.

NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history

Recent Cost Distribution Last updated: 2026-08-28 (ET)

This estimate uses 1-minute price, volume, and VWAP data from the last 27 trading days, with turnover-based decay. The sample period is 2026-07-23 to 2026-08-28. The current price is 77.76, 0.23% above the estimated average cost of 77.58. An estimated 61.2% of recent positioning is below the current price, while 38.2% is above it. The peak-density price is 76.75. The largest concentrated cost region is 74.52 to 79.03 and contains 48.3% of the estimated distribution. The current price is within the 74.52 to 79.03 cost region. The nearest region below the current price is 72.97 to 73.83. The nearest region above the current price is 79.12 to 79.38.

Short Interest & Covering Risk for AFRM

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.48

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 5.47%
Short Positions Trend Not Increasing
Liquidity Trend (Average Daily Volume) -27.64%
20-Day Return 8.74%
Price vs 20-Day High Trading Near Highs

Short Exposure Percentile

Short interest is relatively low, indicating limited pressure from short positions. (Historical percentile: 19%)

Structure Analysis

AFRM Short positioning is starting to look crowded. Current days to cover is 4.4 trading days, meaning short positions would unwind somewhat slower than average. Short covering could add extra momentum to price moves. No meaningful structural fragility is currently detected (Fragility Score 18/100, DTC percentile 93%) while price maintains a mild upward bias (20D return 8.7%) and liquidity contracting meaningfully (volume -28%). Positioning is historically elevated, although price and liquidity conditions do not yet confirm structural fragility.

Risk Summary

No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.

Why Price Reactions May Be Stronger?

Days-to-Cover is elevated versus its own history, but absolute short interest remains moderate. Average trading volume is weakening, indicating contracting liquidity. Adaptive thresholds applied to liquidity weakness, near-high detection, and compression sensitivity. As a result, similar news or market events could lead to price moves about 2× larger than usual.


Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-07-31 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

Analytical Modules