American Graphit Forecast and Stock Analysis
Technical AGIN stock analysis for Friday May 24, 2019.
No changes to the price of American Graphit in the last trading day ( Friday, 24th May 2019 ). During day the stock fluctuated 0.00% from a day low at $0.00 to a day high of $0.00. The price has risen in 5 of the last 10 days and is up by 40% over the past 2 weeks.
- 30 day high of the AGIN stock price was $0.00 and low was $0.00.
- 90 day high was $0.00 and low was $0.00.
- 52 week high for the American Graphit - $0.01 and low - $0.00.
American Graphit 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 -2.20% during the next 3 months and, with 90% probability hold a price between $0.00 and $0.00 at the end of this period.
Only positive signals in the chart today. American Graphit 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 $0.00 and $0.00. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday May 21, 2019, which indicates further gains until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closly at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
The stock holds a RSI14 at 72 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $0.00 and $0.00.
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 Graphit finds support just below today's level at $0.00. If this is broken, then the next support from accumulated volume will be at $0.00 and $0.00.
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 $0.00 between high and low, or 0.00%. For the last week, the stock has had a daily average volatility of 21.41%.
Our recommended stoploss: $0.00 (-7.66%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 72 and this increases the risk substantially. There is a buy signal from pivot bottom found 3 days ago.)
21.41 %Average volatility
Very Low Low Medium High Very High
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.
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