AHPI Forecast and Technical Stock Analysis
Sell candidate since 2019-10-03 Loss -7.90% PDF
Allied Healthcare Products fell by -5.16% in the last day ( Monday, 14th Oct 2019 ) from $1.35 to $1.28 and has now fallen 3 days in a row. During the day the stock fluctuated 3.89% from a day low at $1.28 to a day high of $1.33. The price has fallen in 4 of the last 10 days and is down by -8.56% for this period. Volume has increased in the last day by 5 999 shares but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 6 831 shares bought and sold for approximately $8 745.05.
- 30 day high of the AHPI stock price was $1.42 and low was $1.25.
- 90 day high was $1.84 and low was $1.25.
- 52 week high for Allied Healthcare Products - $2.80 and low - $1.25.
Allied Healthcare Products lies in the middle of a 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 -19.32% during the next 3 months and, with 90% probability hold a price between $0.96 and $1.15 at the end of this period.
There are few to none technical positive signals at the moment. Allied Healthcare Products 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 $1.33 and $1.39. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Thursday October 10, 2019, which indicates further falls until a new bottom pivot has been found. Allied Healthcare Products gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 37 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
Allied Healthcare Products finds support from accumulated volume at $1.27.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.05 (3.89%) between high and low. For the last week, the stock has had daily average volatility of 2.38%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.38 %Average volatility
Very Low Low Medium High Very High
Allied Healthcare Products holds several negative signals and is within a 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. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Strong Sell 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!