Juventus Football Club Forecast and Stock Analysis
Technical 0H65.L stock analysis for February 15, 2019.
Juventus Football Club gained 0.15% in the last trading day, rising from $1.37 to $1.38 , and has now gained 6 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. The price has risen in 7 of the last 10 days and is up by 2.27% over the past 2 weeks. Volume fell in the last day by -1.56 million shares, and in total, 1.80 million shares bought and sold for approximately $2.48 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
Close price at the end of the last trading day (Friday, 15th Feb 2019) of the 0H65.L stock was $1.38. This is 0.15% more than the trading day before Thursday, 14th Feb 2019.
During day the stock fluctuated 5.28% from a day low at $1.31 to a day high of $1.38.
30 day high of the 0H65.L stock price was $1.60 and low was $1.24.
90 day high was $1.60 and low was $0.94.
52 week high for the Juventus Football Club - $1.80 and low - $0.58.
Juventus Football Club 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 30.75% during the next 3 months and, with 90% probability hold a price between $1.67 and $2.18 at the end of this period.
Juventus Football Club holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $1.33 and $1.34. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday February 08, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely.
Relative Strength Index (RSI)
RSI14 is 33 and the stock is currently not being overbought or oversold
Support & Resistance
Juventus Football Club finds support from accumulated volume at $1.34.
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 $0.07 between high and low, or 5.28%. For the last week, the stock has had a daily average volatility of 4.57%.
Since the Juventus Football Club has been rising for 6 days in a row, the risk for the next couple of days has increased. As we cannot be certain with regards to the size of the reaction, we urge caution.
Our recommended stoploss: $1.31 (-4.68%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 5 days ago.)
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Juventus Football Club holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.