Bullish vs. Bearish (2 opinions)
Social Sentiment -0.36
ABMD Forecast and Technical Stock Analysis
Buy candidate since 2019-09-20 PDF
ABIOMED gained 0.23% in the last trading day ( Friday, 20th Sep 2019 ), rising from $192.32 to $192.76 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 2.51% from a day low at $191.68 to a day high of $196.49. The price has risen in 5 of the last 10 days and is up by 1.76% 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, 609 453 more shares were traded than the day before. In total, 988 724 shares bought and sold for approximately $190.59 million.
- 30 day high of the ABMD stock price was $200.00 and low was $180.00.
- 90 day high was $285.77 and low was $180.00.
- 52 week high for ABIOMED - $459.75 and low - $180.00.
ABIOMED lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -31.73% during the next 3 months and, with 90% probability hold a price between $95.42 and $149.76 at the end of this period.
Only positive signals in the chart today. ABIOMED 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 $190.18 and $191.79. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday September 13, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
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
ABIOMED finds support from accumulated volume at $191.70.
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 $4.81 (2.51%) between high and low. For the last week, the stock has had daily average volatility of 2.76%.
Our recommended stop-loss: $182.81 (-5.16%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 5 days ago.)
2.76 %Average volatility
Very Low Low Medium High Very High
Several short-term signals are positive, despite the stock being in a falling trend, 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. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.
|ABMD $192.76 ($0.44 0.23%)|
ABMD is up $0.44 today, but where's it headed in 2019?
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
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