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.
AI Analysis of MDRX
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Allscripts Healthcare Solutions stock price ended at $9.65 on Wednesday, after losing 0%.
(Updated on Jul 24, 2024)

Buy or Hold candidate since May 28, 2024 Gain 10.29% PDF

No changes to the price of Allscripts Healthcare Solutions stock on the last trading day (Wednesday, 24th Jul 2024). During the last trading day the stock fluctuated 1.55% from a day low at $9.65 to a day high of $9.80. The price has been going up and down for this period, and there has been a -1.53% loss for the last 2 weeks.

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 34.36% during the next 3 months and, with a 90% probability hold a price between $12.48 and $13.93 at the end of this 3-month period.

Have specific questions? Chat with our AI Analyst now!

MDRX Signals & Forecast

The Allscripts Healthcare Solutions stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $9.76. On a fall, the stock will find some support from the long-term average at approximately $9.63. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Wednesday, July 17, 2024, and so far it has fallen -3.02%. 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".

Support, Risk & Stop-loss for Allscripts Healthcare Solutions stock

Allscripts Healthcare Solutions finds support from accumulated volume at $9.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock 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 stock During the last day, the stock moved $0.150 between high and low, or 1.55%. For the last week the stock has had daily average volatility of 0.90%

Our recommended stop-loss: $9.10 (-5.71%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 48 days ago.)

Trading Expectations (MDRX) For The Upcoming Trading Day Of Thursday 25th

For the upcoming trading day on Thursday, 25th we expect Allscripts Healthcare Solutions to open at $9.70, and during the day (based on 14 day Average True Range), to move between $9.46 and $9.84, which gives a possible trading interval of +/-$0.193 (+/-2.00%) up or down from last closing price. If Allscripts Healthcare Solutions takes out the full calculated possible swing range there will be an estimated 4.01% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $9.76 (1.14%) than the support at $9.50 (1.55%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Allscripts Healthcare Solutions stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Allscripts Healthcare Solutions stock to perform well in the short-term.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

Current score: 1.798 Buy Candidate Unchanged

Predicted Opening Price for Allscripts Healthcare Solutions of Thursday, July 25, 2024

Fair opening price July 25, 2024 Current price
$9.70 ( 0.518%) $9.65

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

Trading levels for MDRX

Fibonacci Support & Resistance Levels

Level Price
R3 9.85 2.07%
R2 9.79 1.48%
R1 9.76 1.11%
Price 9.65
S1 9.64 -0.0756%
S2 9.61 -0.442%
S3 9.55 -1.04%

Accumulated Volume Support & Resistance Levels

Level Price
R3 9.85 2.07%
R2 9.80 1.55%
R1 9.76 1.14%
Price 9.65
S1 9.50 -1.55%
S2 8.75 -9.33%
S3 7.60 -21.24%

MDRX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 13, 2008 Oct 13, 2008 Oct 17, 2008 $5.23 98.12%

FAQ

What is the symbol for Allscripts Healthcare Solutions Stock and on which exchange is it traded?
The symbol for Allscripts Healthcare Solutions is MDRX and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Allscripts Healthcare Solutions Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Allscripts Healthcare Solutions stock to perform well in the short-term.

How to buy Allscripts Healthcare Solutions Stock?
Allscripts Healthcare Solutions Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Allscripts Healthcare Solutions Stock.

What's the current price of Allscripts Healthcare Solutions Stock?
As of the end of day on the Jul 24, 2024, the price of an Allscripts Healthcare Solutions (MDRX) share was $9.65.

What is the 52-week high and low for Allscripts Healthcare Solutions Stock?
The 52-week high for Allscripts Healthcare Solutions Stock is $14.09 and the 52-week low is $5.01.

What is the market capitalization of Allscripts Healthcare Solutions Stock?
As of the Jul 24, 2024, the market capitalization of Allscripts Healthcare Solutions is 1.039B.
Click to get the best stock tips daily for free!

About Allscripts Healthcare Solutions

Allscripts Healthcare Solutions Allscripts Healthcare Solutions, Inc., together with its subsidiaries, provides information technology solutions and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records (EHR), information connectivity, private cloud hosting, outsourcing, analytics, patient access, and population health management solutions. The company operates through two segments, Hospitals and Large Physic... MDRX Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT