Help us make better tools for you!. Read more (Published: 2017-01-12)

AEMD - Aethlon Medical Tue 24'th Jan 2017

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Sell Candidate

Score: -4.58

#5045 of 5186
Trend:
MV Long:
MV Short:
Pivot:
Volume:
MACD:
Accuracy: 78.38%
Risk: Medium
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Stock analysis for Tue 24'th Jan 2017 (Updated daily)

Sell candidate since 2017-01-24

Aethlon Medical Stock Analysis


Aethlon Medical fell by -2.81% in the last day, from USD 3.91 to USD 3.80. The price has been going up and down for this period, and there has been a -2.56% loss for the last 2 weeks. Volume increased in the last day by 5 758 shares, but on falling prices. This is may be an early warning and risk is increased slightly for the next couple of days. In total, 24 511 shares bought and sold for approximately USD 93 142.

Trend

Aethlon Medical lies in the lower of a wide and strong falling trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at USD 3.74 will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -19.7% during the next 3 months and, with 90% probability hold a price between USD 3.00 and USD 3.47 at the end of this period.

Signals

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 USD 3.87 and USD 4.25. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Friday December 09, 2016, 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". The very low volume increases the risk and reduces the other technical signals issued.

Relative Strength Index (RSI)

RSI14 is 35 and the stock is currently not being overbought or oversold

Support & Resistance

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days. On the upside the stock meets some resistance from accumulated volume at USD 4.11, USD 4.20 and USD 4.66.

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 USD 0.18 between high and low, or 4.79%. For the last week, the stock has had a daily average volatility of 4.88%.

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

Evaluation

Aethlon Medical holds several negative signals and is within a wide and strong falling trend, so we believe it will still perform weak 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 Hold/Accumulate to a Sell Candidate.

Sell Candidate


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