Bullish vs. Bearish (9 opinions)
Social Sentiment 0.06
ADMP Forecast and Technical Stock Analysis
Sell candidate since 2019-07-16 Loss -42.19% PDF
No changes to the price of Adamis Pharmaceuticals Corporation in the last trading day ( Friday, 20th Sep 2019 ). During the day the stock fluctuated 5.33% from a day low at $0.73 to a day high of $0.77. The price has fallen in 7 of the last 10 days and is down by -2.63% for this period.
- 30 day high of the ADMP stock price was $1.11 and low was $0.70.
- 90 day high was $1.57 and low was $0.70.
- 52 week high for Adamis Pharmaceuticals Corporation - $4.25 and low - $0.70.
Adamis Pharmaceuticals 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 -39.19% during the next 3 months and, with 90% probability hold a price between $0.38 and $0.60 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday September 19, 2019, which indicates further gains until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". Some negative signals were issued as well, and these may have some influence on the near short-term development. Adamis Pharmaceuticals Corporation 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 $0.78 and $0.92. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 33 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
Adamis Pharmaceuticals Corporation finds support from accumulated volume at $0.73.
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 $0.04 between high and low, or 5.33%. For the last week, the stock has had a daily average volatility of 7.47%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
7.47 %Average volatility
Very Low Low Medium High Very High
Adamis Pharmaceuticals Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
|ADMP $0.74 ($0.00 0.00%)|
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