ALBO Forecast and Technical Stock Analysis
Sell candidate since 2019-07-01 Loss -21.44%
Albireo Pharma Inc gained 6.83% in the last trading day ( Monday, 19th Aug 2019 ), rising from $23.43 to $25.03 , 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 11.85% from a day low at $23.13 to a day high of $25.87. The price has been going up and down for this period, and there has been a 0.48% gain for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 15 984 more shares were traded than the day before. In total, 46 915 shares bought and sold for approximately $1.17 million.
- 30 day high of the ALBO stock price was $28.92 and low was $20.16.
- 90 day high was $36.69 and low was $20.16.
- 52 week high for Albireo Pharma Inc - $38.69 and low - $19.10.
Albireo Pharma Inc lies the upper part of a wide and falling trend in the short term, and this will 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 $25.82 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -30.92% during the next 3 months and, with 90% probability hold a price between $14.82 and $17.84 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday August 15, 2019, which indicates further gains until a new top pivot has been found. Albireo Pharma Inc has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Albireo Pharma Inc holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $27.27. On a fall, the stock will find some support from the short-term average at $23.16. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 20 - 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
Albireo Pharma Inc finds support from accumulated volume at $24.91.
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 $2.74 between high and low, or 11.85%. For the last week, the stock has had a daily average volatility of 10.00%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
10.00 %Average volatility
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|ALBO $25.03 ($1.60 6.83%)|
ALBO is up $1.60 today, but where's it headed in 2019?
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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!