Trend

Aceto Corporation 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 -79.18% during the next 3 months and, with 90% probability hold a price between $-0.17 and $0.08 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. Aceto Corporation holds a buysignal 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 $0.14. On a fall, the stock will find some support from the short-term average at $0.11. 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. A sales signal was issued from a pivot top point on Tuesday April 23, 2019, which indicates further falls until a new bottom pivot has been found. Aceto Corporation gained volume on the last day, but on falling prices. In technical terms this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-off's".

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Relative Strength Index (RSI)

RSI14 is 51 and the stock is currently not being overbought or oversold

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Support & Resistance

Aceto Corporation finds support from accumulated volume at $0.11.

Risk

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 $0.15 between high and low, or 147.00%. For the last week, the stock has had a daily average volatility of 56.66%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

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