Bullish vs. Bearish (3 opinions)
Social Sentiment 0.10
AKTX Forecast and Technical Stock Analysis
Hold candidate since 2019-09-20 PDF
Akari Therapeutics Plc gained 0.52% in the last trading day ( Friday, 20th Sep 2019 ), rising from $1.93 to $1.94 , 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 4.79% from a day low at $1.88 to a day high of $1.97. The price has risen in 6 of the last 10 days and is up by 2.11% over the past 2 weeks. Volume fell in the last day by -84 671 shares and in total, 175 193 shares bought and sold for approximately $339 874.00. 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 AKTX stock price was $2.45 and low was $1.61.
- 90 day high was $3.35 and low was $1.61.
- 52 week high for Akari Therapeutics Plc - $9.20 and low - $1.56.
Akari Therapeutics Plc 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 -4.39% during the next 3 months and, with 90% probability hold a price between $1.60 and $2.74 at the end of this period.
Akari Therapeutics Plc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $1.95. On a fall, the stock will find some support from the long-term average at approximately $1.91. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Wednesday September 18, 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: [ 20 - 80 ]
RSI14 is 41 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
Akari Therapeutics Plc finds support from accumulated volume at $1.93.
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 $0.09 between high and low, or 4.79%. For the last week the stock has had a daily average volatility of 7.43%.
Our recommended stop-loss: $1.82 (-5.97%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 2 days ago.)
7.43 %Average volatility
Very Low Low Medium High Very High
Akari Therapeutics Plc holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level, we recommend to hold or accumulate in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.
|AKTX $1.94 ($0.01 0.52%)|
AKTX is up $0.01 today, but where's it headed in 2019?
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Golden Star Signal
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