ABDC Forecast and Technical Stock Analysis
Buy candidate since 2019-08-14 Loss -1.78%
Alcentra Capital Corp. fell by -0.11% in the last day ( Friday, 16th Aug 2019 ) from $8.85 to $8.84 and has now fallen 4 days in a row. During the day the stock fluctuated 1.93% from a day low at $8.81 to a day high of $8.98. The price has fallen in 7 of the last 10 days , but is still up by 6% over the past 2 weeks. Volume has increased in the last day by 40 663 shares but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 231 407 shares bought and sold for approximately $2.05 million.
- 30 day high of the ABDC stock price was $9.40 and low was $8.09.
- 90 day high was $9.40 and low was $8.05.
- 52 week high for Alcentra Capital Corp. - $9.40 and low - $5.58.
Alcentra Capital Corp. is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Alcentra Capital Corp. with a 90% probability to be traded between $8.23 and $9.36 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Alcentra Capital Corp. 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 $8.64 and $8.38. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday August 13, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
* 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 63 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
Alcentra Capital Corp. finds support from accumulated volume at $8.69.
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 $0.17 (1.93%) between high and low. For the last week, the stock has had daily average volatility of 4.26%.
Our recommended stop-loss: $8.43 (-4.61%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 3 day(s) ago.)
4.26 %Average volatility
Very Low Low Medium High Very High
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!