Sterling Check Corp. Stock Forecast
Sterling Check Corp. stock price down 2.01% on Tuesday
(Updated on Apr 30, 2024)
The Sterling Check Corp. stock price fell by -2.01% on the last day (Tuesday, 30th Apr 2024) from $15.44 to $15.13. During the last trading day the stock fluctuated 3.11% from a day low at $15.13 to a day high of $15.60. The price has risen in 6 of the last 10 days but is still down by -0.92% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -10 thousand shares and in total, 224 thousand shares were bought and sold for approximately $3.39 million.
The stock lies in the middle of a very 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 17.81% during the next 3 months and, with a 90% probability hold a price between $16.89 and $21.52 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
STER Signals & Forecast
There are few to no technical positive signals at the moment. The Sterling Check Corp. stock 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 $15.28 and $15.68. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, March 01, 2024, and so far it has fallen -7.97%. 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 fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Wednesday, July 12, 2023 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.
Golden Star 12 Months
The stock had a Golden Star Signal on Wednesday, July 12, 2023 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 for Sterling Check Corp. stock
Sterling Check Corp. finds support from accumulated volume at $15.06 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 $0.470 (3.11%) between high and low. For the last week, the stock has had daily average volatility of 1.72%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (STER) For The Upcoming Trading Day Of Wednesday 1st
For the upcoming trading day on Wednesday, 1st we expect Sterling Check Corp. to open at $15.29, and during the day (based on 14 day Average True Range), to move between $14.85 and $15.41, which gives a possible trading interval of +/-$0.277 (+/-1.83%) up or down from last closing price. If Sterling Check Corp. takes out the full calculated possible swing range there will be an estimated 3.66% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $15.06 (0.46%) than the resistance at $15.67 (3.57%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Sterling Check Corp. stock A Buy?
The Sterling Check Corp. stock holds several negative signals and despite the positive trend, we believe Sterling Check Corp. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.227 Sell Candidate Unchanged
Predicted Opening Price for Sterling Check Corp. of Wednesday, May 1, 2024
| Fair opening price May 1, 2024 | Current price |
|---|---|
| $15.29 ( 1.04%) | $15.13 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for STER
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 15.76 | 4.14 % | |
| R2 | 15.58 | 2.96 % | ||
| R1 | 15.47 | 2.22 % | ||
| Current price: | 15.13 | |||
| Support | S1 | 15.11 | -0.151 % | |
| S2 | 15.00 | -0.88 % | ||
| S3 | 14.82 | -2.07 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 15.92 | 5.22 % | |
| R2 | 15.91 | 5.16 % | ||
| R1 | 15.67 | 3.57 % | ||
| Current price | 15.13 | |||
| Support | S1 | 15.06 | -0.463% | |
| S2 | 14.98 | -0.99% | ||
| S3 | 14.77 | -2.38% |
FAQ
Click here for our free guide on how to buy Sterling Check Corp. Stock.
