ABAC Forecast and Technical Stock Analysis
Sell candidate since 2019-06-19 Loss -8.13%
No changes to the price of Aoxin Tianli Group in the last trading day ( Monday, 19th Aug 2019 ). During the day the stock fluctuated 0.00% from a day low at $0.69 to a day high of $0.69. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
Quick summary:
- 30 day high of the ABAC stock price was $0.69 and low was $0.69.
- 90 day high was $1.44 and low was $0.61.
- 52 week high for Aoxin Tianli Group - $3.20 and low - $0.61.
Trend
Aoxin Tianli Group has broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is $0.67, a level that may pose a second chance to hit a runner. According to fan-theory $0.83 will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.
Signals
A buy signal was issued from a pivot bottom point on Tuesday July 09, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Aoxin Tianli Group holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $0.70. On a fall, the stock will find some support from the short-term average at $0.69. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. 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". The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 50 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
Risk
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 0.00%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
0.00 %
Average volatilityOverall risk:
Very Low Low Medium High Very High
Evaluation
Aoxin Tianli Group 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.
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 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
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