Aethlon Medical Forecast and Stock Analysis
Technical AEMD stock analysis for March 25, 2019.
Aethlon Medical fell by -3.99% in the last day from $1.00 to $0.96 The price has fallen in 6 of the last 10 days and is down by -4.94% for this period. Volume has increased in the last day by 157 593 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 169 009 shares bought and sold for approximately $162 266.00.
Close price at the end of the last trading day (Monday, 25th Mar 2019) of the AEMD stock was $0.96. This is 3.99% less than the trading day before Friday, 22nd Mar 2019.
During day the stock fluctuated 6.25% from a day low at $0.96 to a day high of $1.02.
30 day high of the AEMD stock price was $1.07 and low was $0.96.
90 day high was $1.71 and low was $0.90.
52 week high for the Aethlon Medical - $1.74 and low - $0.82.
Aethlon Medical 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 -36.92% during the next 3 months and, with 90% probability hold a price between $0.42 and $0.67 at the end of this period.
There are few to none technical positive signals at the moment. Aethlon Medical 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 $1.00 and $1.07. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Monday March 18, 2019, which indicates further falls until a new bottom pivot has been found. Aethlon Medical 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".
Relative Strength Index (RSI)
RSI14 is 36 and the stock is currently not being overbought or oversold
Support & Resistance
Aethlon Medical finds support from accumulated volume at $0.94.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.06 (6.25%) between high and low. For the last week, the stock has had a daily average volatility of 4.82%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
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Evaluation: Strong Sell Candidate
Aethlon Medical 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. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Strong Sell Candidate.