Fifth Street Finance Corp Fund Forecast
Fifth Street Finance Corp fund price down 0% on Tuesday
(Updated on Jan 16, 2018)
No changes to the price of Fifth Street Finance Corp fund on the last trading day (Tuesday, 16th Jan 2018). During the last trading day the fund fluctuated 0% from a day low at $25.15 to a day high of $25.15. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
Given the current horizontal trend, you can expect Fifth Street Finance Corp fund with a 90% probability to be traded between $25.15 and $25.15 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and funds seldom manage to go directly from the bottom of a trend up to the top. Funds turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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FSCE Signals & Forecast
There are mixed signals in the fund today. The Fifth Street Finance Corp 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 $25.15 and $25.20. A break-up above any of these levels will issue buy signals. 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". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Monday, January 15, 2018, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Fifth Street Finance Corp fund
There is no support from accumulated volume below today's level and given the right condition the fund may perform very badly in the next couple of days.
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 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (FSCE) For The Upcoming Trading Day Of Wednesday 17th
For the upcoming trading day on Wednesday, 17th we expect Fifth Street Finance Corp to open at $25.15, and during the day (based on 14 day Average True Range), to move between $25.10 and $25.20, which gives a possible trading interval of +/-$0.0504 (+/-0.20%) up or down from last closing price. If Fifth Street Finance Corp takes out the full calculated possible swing range there will be an estimated 0.40% move between the lowest and the highest trading price during the day.
Is Fifth Street Finance Corp fund A Buy?
Fifth Street Finance Corp holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this fund.
Current score: -2.128 Sell Candidate Unchanged
Predicted Opening Price for Fifth Street Finance Corp of Wednesday, January 17, 2018
| Fair opening price January 17, 2018 | Current price |
|---|---|
| $25.15 ( 0.00000000%) | $25.15 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FSCE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 25.15 | 0.00000000 % | |
| R2 | 25.15 | 0.00000000 % | ||
| R1 | 25.15 | 0.00000000 % | ||
| Current price: | 25.15 | |||
| Support | S1 | 25.15 | 0.00000000 % | |
| S2 | 25.15 | 0.00000000 % | ||
| S3 | 25.15 | 0.00000000 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 25.15 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
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