Today 0FS8.L ranks # as BUY CANDIDATE.
Today 0FS8.L ranks # as BUY CANDIDATE.

0FS8.L stock REC Silicon ASA

0FS8.L stock
REC Silicon ASA

March 15, 2019
Change 3.33%
Chart period: 2018-12-17 - 2019-03-15





Will 0FS8.L stock price go up or down on Tue, 19 Mar 2019?

REC Silicon ASA Forecast and Stock Analysis

Technical 0FS8.L stock analysis for March 15, 2019.

Buy candidate since 2019-03-12 Gain 2.18%

REC Silicon ASA gained 3.33% in the last trading day, rising from $0.65 to $0.67 The price has fallen in 6 of the last 10 days , but is still up by 2.58% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 1.94 million more shares were traded than the day before. In total, 2.25 million shares bought and sold for approximately $1.50 million.

Close price at the end of the last trading day (Friday, 15th Mar 2019) of the 0FS8.L stock was $0.67. This is 3.33% more than the trading day before Thursday, 14th Mar 2019.

During day the stock fluctuated 4.06% from a day low at $0.64 to a day high of $0.67.

30 day high of the 0FS8.L stock price was $0.78 and low was $0.55.
90 day high was $0.78 and low was $0.53.
52 week high for the REC Silicon ASA - $1.54 and low - $0.50.


REC Silicon ASA lies in the middle of a very wide and weak 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 5.19% during the next 3 months and, with 90% probability hold a price between $0.59 and $0.79 at the end of this period.

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Only positive signals in the chart today. REC Silicon ASA holds buy signals from both short- and long-term moving averages. In addition, 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 $0.65 and $0.62. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday March 14, 2019, which indicates further gains until a new top pivot has been found. REC Silicon ASA has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

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Relative Strength Index (RSI)

RSI14 is 39 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

REC Silicon ASA finds support from accumulated volume at $0.65.

Support: $0.65 Price: $0.67 Resistance: $0.68


This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.03 between high and low, or 4.06%. For the last week, the stock has had a daily average volatility of 4.04%.

Our recommended stoploss: $0.63 (-5.73%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Buy Candidate

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 this stock to perform well in the short-term.

Today 0FS8.L ranks # as BUY CANDIDATE.
Today 0FS8.L ranks # as BUY CANDIDATE.