Bullish vs. Bearish (1 opinions)
Social Sentiment 0.00
AEY Forecast and Technical Stock Analysis
Buy candidate since 2019-12-10 Gain 5.23% PDF
ADDvantage Technologies Group gained 0.93% in the last trading day ( Friday, 13th Dec 2019 ), rising from $2.69 to $2.72 , and has now gained 3 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. During the day the stock fluctuated 2.80% from a day low at $2.67 to a day high of $2.74. The price has risen in 7 of the last 10 days and is up by 15.49% over the past 2 weeks. Volume fell in the last day by -30 207 shares and in total, 38 537 shares bought and sold for approximately $104 628.00. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the AEY stock price was $2.80 and low was $2.16.
- 90 day high was $2.80 and low was $1.85.
- 52 week high for ADDvantage Technologies Group - $2.80 and low - $1.23.
ADDvantage Technologies Group lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $2.74 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 31.71% during the next 3 months and, with 90% probability hold a price between $3.07 and $3.61 at the end of this period.
ADDvantage Technologies Group holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $2.62 and $2.36. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday December 09, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 69 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
ADDvantage Technologies Group finds support from accumulated volume at $2.69.
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 $0.07 between high and low, or 2.80%. For the last week the stock has had a daily average volatility of 7.98%.
Our recommended stop-loss: $2.61 (-3.98%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 4 days ago.)
7.98 %Average volatility
Very Low Low Medium High Very High
ADDvantage Technologies Group holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate candidate.
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!