AETI Forecast and Technical Stock Analysis
Sell candidate since 2019-11-19 Gain 6.43% PDF
American Electric Technologies fell by -0.21% in the last day ( Thursday, 21st Nov 2019 ) from $4.81 to $4.80 During the day the stock fluctuated 4.17% from a day low at $4.80 to a day high of $5.00. The price has been going up and down for this period, and there has been a -1.03% loss for the last 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -67 shares and in total 1 255 shares bought and sold for approximately $6 024.00.
- 30 day high of the AETI stock price was $5.76 and low was $4.01.
- 90 day high was $7.86 and low was $4.01.
- 52 week high for American Electric Technologies - $7.86 and low - $0.40.
American Electric Technologies 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 -22.41% during the next 3 months and, with 90% probability hold a price between $2.73 and $4.38 at the end of this period.
Some negative signals were issued as well, and these may have some influence on the near short-term development. American Electric Technologies holds a buy signal 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 $5.08. On a fall, the stock will find some support from the short-term average at $4.60. 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 Wednesday November 20, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 80 ]
RSI14 is 45 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
On the downside, the stock finds support just below today's level from accumulated volume at $4.51 and $4.20.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, American Electric Technologies finds support just below today's level at $4.51. If this is broken, then the next support from accumulated volume will be at $4.20 and $4.01.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.20 between high and low, or 4.17%. For the last week the stock has had a daily average volatility of 9.75%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
9.75 %Average volatility
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!