Bearish technical momentum and high volatility

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Affirm slides 3.85% to $60.38 today

Highlights

Affirm will report Q2 2026 earnings after market close on Thursday, February 5, offering insight into recent financial performance.
Affirm secured an expanded multi-year deal with Expedia Group, becoming the exclusive Buy Now, Pay Later provider on key U.S. brands with 0% APR plans for up to 24 months.
AFRM trades at $60.38, well below major moving averages, with technicals signaling strong bearish momentum and a 5-day expected range of $58.00–$63.50.

Strategic expansion in travel as new partnership supports sentiment

Affirm will release its Q2 2026 earnings after the market closes on Thursday, February 5. The company also announced an expanded, multi-year partnership with Expedia Group, granting Affirm exclusive rights as the Buy Now, Pay Later provider for lodging and packages on Expedia's key U.S. brands, introducing 0% APR plans for up to 24 months and removing late fees. These developments support Affirm's strategic expansion in travel and payment solutions.

Sell signals intensify as oscillators and momentum indicators confirm weakness

Momentum indicators show continued weakness, with the MACD in a clear sell mode and the ADX suggesting a lack of strong trend on the daily timeframe. Oversold signals are prominent, as seen in the Relative Strength Index near 31.6, Stochastic RSI at zero, and Commodity Channel Index at deeply negative values. Bull/Bear Power shows strong seller dominance intraday. The daily drop of 3.85% saw no significant gap at the open, with the current price sitting near today’s low of $61.83, accompanied by high volatility and marked selling pressure after the open. Oscillators and momentum indicators align closely, all confirming bearish momentum and intensifying the negative intraday tone.

Sideways range likely as rebound odds diminish amid bearish setup

For the next five trading days, the probable price range is $58.00 to $63.50, adjusted to reflect current price proximity and typical volatility for AFRM. The probability of a price increase is very low (less than 20%), making a further decline or sideways movement more likely. Baseline scenario: price fluctuates between $58.00 and $63.50 in a sideways corridor. Bullish scenario: a break above $63.50 could target resistance near $66.00, while a fall below $58.00 opens potential downside toward $55.00, where buyers may look for reversal opportunities.

Viktoras Karapetjanc, Senior Analyst at Traders Union, sees Affirm under considerable short-term pressure. He notes that oversold technicals align with a strong bearish bias, but the recent partnership with Expedia provides a positive structural shift for the long term. He believes volatility and support tests lie ahead, yet sees potential for momentum to swing if sentiment improves. "Short-term downside risk dominates, but Affirm's strategic moves may start attracting buyers on any sign of stabilization."

Previously it was reported that Affirm Holdings, Inc. is trading below key moving averages with its price exhibiting weak momentum and oversold technical readings, including bearish signals from RSI, MACD, and other oscillators. The asset remains under persistent selling pressure with no significant support above current levels, while anticipation over upcoming earnings and recent institutional buying have yet to shift the prevailing downtrend.

Source of Data: AFRM Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.