Crossroads Systems Fund Forecast

Big movements in Crossroads Systems fund price on Monday moving 17.03% between high and low
(Updated on Sep 11, 2017)

CRDS Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, August 22, 2017, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Crossroads Systems fund holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $1.90 and $1.97. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point".

Support, Risk & Stop-loss for Crossroads Systems fund

Crossroads Systems finds support from accumulated volume at $1.90 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0.310 between high and low, or 17.03%. For the last week the fund has had daily average volatility of 17.03%

Our recommended stop-loss: $1.76 (-7.59%) (This fund has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 13 days ago.)

Trading Expectations (CRDS) For The Upcoming Trading Day Of Tuesday 12th

For the upcoming trading day on Tuesday, 12th we expect Crossroads Systems to open at $1.95, and during the day (based on 14 day Average True Range), to move between $1.62 and $2.18, which gives a possible trading interval of +/-$0.276 (+/-14.52%) up or down from last closing price. If Crossroads Systems takes out the full calculated possible swing range there will be an estimated 29.04% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.90 (0.01%) than the resistance at $2.18 (14.74%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Crossroads Systems fund A Buy?

Crossroads Systems holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.400 Hold/Accumulate Unchanged

Predicted Opening Price for Crossroads Systems of Tuesday, September 12, 2017

The predicted opening price is based on yesterday's movements between high, low, and closing price.