AETI Forecast and Technical Stock Analysis
Sell candidate since 2019-10-14 Loss -0.19% PDF
American Electric Technologies fell by -0.19% in the last day ( Tuesday, 15th Oct 2019 ) from $5.22 to $5.21 and has now fallen 3 days in a row. During the day the stock fluctuated 0.77% from a day low at $5.21 to a day high of $5.25. The price has fallen in 7 of the last 10 days and is down by -13.6% for this period. 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 -5 063 shares and in total 1 009 shares bought and sold for approximately $5 256.89.
- 30 day high of the AETI stock price was $7.50 and low was $4.70.
- 90 day high was $7.86 and low was $0.72.
- 52 week high for American Electric Technologies - $7.86 and low - $0.40.
American Electric Technologies lies in the lower part of a very 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 $4.70 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 87.73% during the next 3 months and, with 90% probability hold a price between $8.83 and $17.29 at the end of this period.
There are few to none technical positive signals at the moment. American Electric Technologies 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 $5.44 and $6.02. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Friday October 11, 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 36 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
American Electric Technologies finds support from accumulated volume at $5.08.
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 $0.04 between high and low, or 0.77%. For the last week the stock has had a daily average volatility of 11.14%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
11.14 %Average volatility
Very Low Low Medium High Very High
The American Electric Technologies stock holds several negative signals and despite the positive trend we believe American Electric Technologies will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
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!