Bullish vs. Bearish (1 opinions)
Social Sentiment 0.91
AGTC Forecast and Technical Stock Analysis
Sell candidate since 2019-10-07 Loss -6.23% PDF
Applied Genetic Technologies Corporation gained 1.94% in the last trading day ( Tuesday, 15th Oct 2019 ), rising from $3.10 to $3.16 , 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 11.64% from a day low at $2.92 to a day high of $3.26. The price has fallen in 7 of the last 10 days and is down by -23.67% for this period. Volume fell in the last day by -293 shares and in total, 81 735 shares bought and sold for approximately $258 283.00. 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 AGTC stock price was $4.61 and low was $2.91.
- 90 day high was $4.61 and low was $2.52.
- 52 week high for Applied Genetic Technologies Corporation - $7.48 and low - $2.26.
Applied Genetic Technologies Corporation 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 -7.80% during the next 3 months and, with 90% probability hold a price between $2.22 and $3.78 at the end of this period.
A buy signal was issued from a pivot bottom point on Friday October 11, 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. Applied Genetic Technologies Corporation 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 $3.18 and $3.51. A break-up above any of these levels will issue buy signals. 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 31 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
Applied Genetic Technologies Corporation finds support from accumulated volume at $3.08.
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 $0.34 between high and low, or 11.64%. For the last week the stock has had a daily average volatility of 9.35%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
9.35 %Average volatility
Very Low Low Medium High Very High
Applied Genetic Technologies Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
|AGTC $3.16 ($0.06 1.94%)|
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