Bullish vs. Bearish (1 opinions)
Social Sentiment -0.33
ABMD Forecast and Technical Stock Analysis
Sell candidate since 2019-12-09 Gain 0.09% PDF
ABIOMED gained 1.51% in the last trading day ( Friday, 13th Dec 2019 ), rising from $179.15 to $181.85 , and has now gained 3 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 4.50% from a day low at $175.25 to a day high of $183.13. The price has fallen in 6 of the last 10 days and is down by -7.3% for this period. Volume fell in the last day by -134 582 shares and in total, 489 476 shares bought and sold for approximately $89.01 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.
- 30 day high of the ABMD stock price was $224.36 and low was $172.09.
- 90 day high was $227.28 and low was $155.02.
- 52 week high for ABIOMED - $364.31 and low - $155.02.
ABIOMED lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. A break down the bottom trend line at $172.42 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 9.11% during the next 3 months and, with 90% probability hold a price between $188.13 and $251.23 at the end of this period.
A buy signal was issued from a pivot bottom point on Wednesday December 11, 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 it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. ABIOMED holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $182.80 and $197.27. A break-up above any of these levels will issue buy signals.
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 $181.77.
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 $7.88 between high and low, or 4.50%. For the last week, the stock has had a daily average volatility of 3.78%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
3.78 %Average volatility
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|ABMD $181.85 ($2.70 1.51%)|
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