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Weaker Stock
Today AUDC ranks #12643 as sell candidate. Get a Free Stock at Robinhood
Stronger Stock

$35.27 (2.62%)

Volume: 97k

Closed: Dec 07, 2021

Hollow Logo Score: -1.786

AudioCodes Ltd. Stock Forecast

$35.27 (2.62%)

Volume: 97k

Closed: Dec 07, 2021

Score Hollow Logo -1.786
Which way will AUDC go? Request
Key Stats
P/E Ratio 49.59
Beta 0.97
Trailing Dividend Rate 0.93% ($0.33)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 40 and the stock is currently not being overbought or oversold

Green day on Tuesday for AudioCodes Ltd.
(Updated on Dec 07, 2021)


Sell candidate since 2021-12-06 Gain 2.62%

The AudioCodes Ltd. stock price gained 2.62% on the last trading day (Tuesday, 7th Dec 2021), rising from $34.37 to $35.27. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.80% from a day low at $35.07 to a day high of $35.70. The price has fallen in 6 of the last 10 days and is down by -1.67% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 24 thousand more shares were traded than the day before. In total, 97 thousand shares were bought and sold for approximately $3.42 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 11.93% during the next 3 months and, with a 90% probability hold a price between $38.18 and $42.35 at the end of this 3-month period.

Signals & Forecast

There are mixed signals in the stock today. The AudioCodes Ltd. stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term moving average at $35.30. On a fall, the stock will find some support from the short-term average at $34.58. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Wednesday, November 17, 2021, and so far it has fallen -4.68%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. The stock had a Golden Star Signal on Friday, October 08, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Friday, October 08, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss

AudioCodes Ltd. finds support from accumulated volume at $34.13 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.63 (1.80%) between high and low. For the last week, the stock has had a daily average volatility of 2.70%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is AudioCodes Ltd. stock A Buy?

AudioCodes Ltd. 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 stock.

Current score: -1.786

Predicted Opening Price for AudioCodes Ltd. of Wednesday, December 8, 2021

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

Fair opening price December 8, 2021 Current price
$35.35 $35.27 (Undervalued)
Sell Candidate Unchanged

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Analyst Ratings

On Oct 22, 2021 "Sidoti" gave "" rating for AUDC. The price target was changed from $33.55 to 2.2%.

Volatility and Risk
Daily Average Volatility: 2.70 %
Overall Risk: Very High High Medium Low Very Low
Volatility
2.70 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $35.44
Price: $35.27
Support: $34.13

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 35.98 2.00 %
35.74 1.32 %
35.59 0.90 %
Current price: 35.27
Support 35.11 -0.46 %
34.96 -0.89 %
34.72 -1.57 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 35.87 1.70 %
35.79 1.47 %
35.44 0.48 %
Current price 35.27
Support 34.13 -3.23%
33.93 -3.80%
32.13 -8.90%

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About AudioCodes Ltd.

AudioCodes Ltd AudioCodes Ltd. designs, develops, and sells Voice over IP (VoIP), converged VoIP, and data networking products and applications for contact centers, service provider business services, enterprises, mobile VoIPs, and cloud virtualized data centers worldwide. It deploys its products through broadband, mobile, cable, and enterprise networks. The company’s products include chips, boards, subsystems, media and residential gateway systems, media serv... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

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