NASDAQ:KTWO
Delisted

K2M Group Holdings Fund Forecast

$27.50
+0 (+0%)
At Close: Nov 30, 2018
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Red day on Friday for K2M Group Holdings fund after losing 0%
(Updated on Nov 30, 2018)

Buy or Hold candidate since Nov 08, 2018 PDF

No changes to the price of K2M Group Holdings fund on the last trading day (Friday, 30th Nov 2018). During the last trading day the fund fluctuated 0% from a day low at $27.50 to a day high of $27.50. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The fundis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $27.50 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect K2M Group Holdings fund with a 90% probability to be traded between $26.50 and $27.60 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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KTWO Signals & Forecast

The K2M Group Holdings fund holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $27.50 and $27.34. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, November 29, 2018, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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.

Support, Risk & Stop-loss for K2M Group Holdings fund

K2M Group Holdings finds support from accumulated volume at $27.36 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 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%

Our recommended stop-loss: $26.40 (-4.00%) (This fund has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (KTWO) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect K2M Group Holdings to open at $27.50, and during the day (based on 14 day Average True Range), to move between $27.41 and $27.59, which gives a possible trading interval of +/-$0.0909 (+/-0.33%) up or down from last closing price. If K2M Group Holdings takes out the full calculated possible swing range there will be an estimated 0.66% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $27.36, some $0.140 (0.51%) from the current price of $27.50, our system finds the risk reward attractive.

Is K2M Group Holdings fund A Buy?

K2M Group Holdings holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.630 Hold/Accumulate Unchanged

Predicted Opening Price for K2M Group Holdings of Monday, December 3, 2018

Fair opening price December 3, 2018 Current price
$27.50 ( 0%) $27.50

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

Trading levels for KTWO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 27.50 .
R2 27.50 .
R1 27.50 .
Current price: 27.50
Support S1 27.50 .
S2 27.50 .
S3 27.50 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 27.50
Support S1 27.36 -0.509%
S2 27.27 -0.84%
S3 26.72 -2.84%

FAQ

What is the symbol for K2M Group Holdings Fund and on which exchange is it traded?
The symbol for K2M Group Holdings is KTWO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell K2M Group Holdings Fund?
K2M Group Holdings holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy K2M Group Holdings Fund?
K2M Group Holdings Fund can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy K2M Group Holdings Fund.

What's the current price of K2M Group Holdings Fund?
As of the end of day on the 2018-11-30, the price of an K2M Group Holdings (KTWO) share was $27.50.

What is the 52-week high and low for K2M Group Holdings Fund?
The 52-week high for K2M Group Holdings Fund is $27.50 and the 52-week low is $16.44.
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About K2M Group Holdings

K2M Group Holdings, Inc., a medical device company, focuses on designing, developing, and commercializing proprietary complex spine technologies and techniques in the United States and internationally. It provides implants, disposables, and instruments primarily to hospitals for use by spine surgeons to treat spinal pathologies, such as deformity, trauma, and tumor. The companyÂ’s complex spine products comprise MESA and MESA 2 deformity spinal, ... KTWO Profile

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