Advanced Energy Industries Forecast and Stock Analysis
Technical AEIS stock analysis for March 19, 2019.
Advanced Energy Industries gained 0.64% in the last trading day, rising from $48.63 to $48.94 , and has now gained 5 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. The price has been going up and down for this period, and there has been a -2.72% loss for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 41 080 more shares were traded than the day before. In total, 227 996 shares bought and sold for approximately $11.16 million.
Close price at the end of the last trading day (Tuesday, 19th Mar 2019) of the AEIS stock was $48.94. This is 0.64% more than the trading day before Monday, 18th Mar 2019.
During day the stock fluctuated 2.00% from a day low at $48.55 to a day high of $49.52.
30 day high of the AEIS stock price was $53.31 and low was $46.01.
90 day high was $53.31 and low was $38.75.
52 week high for the Advanced Energy Industries - $71.25 and low - $38.75.
Advanced Energy Industries lies in the lower part of a wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $47.14 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 17.78% during the next 3 months and, with 90% probability hold a price between $55.52 and $67.00 at the end of this period.
A buy signal was issued from a pivot bottom point on Friday March 08, 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. Advanced Energy Industries 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 $50.03. On a fall, the stock will find some support from the short-term average at $48.10. 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.
Relative Strength Index (RSI)
RSI14 is 41 and the stock is currently not being overbought or oversold
Support & Resistance
Advanced Energy Industries finds support from accumulated volume at $48.55.
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 $0.97 between high and low, or 2.00%. For the last week, the stock has had a daily average volatility of 3.20%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
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Evaluation: Sell Candidate
Advanced Energy Industries holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.