Previous Hold Today ALBO ranks #2801 as HOLD CANDIDATE #2801 Next Hold

ALBO stock forecast Albireo Pharma Inc

ALBO stock forecast

Monday December 09, 2019 Change -2.35% Price $20.32
Your prediction: Prediction: Request
VOLUME
Buy
TREND
Sell
MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Buy
Bullish vs. Bearish (1 opinions)
100%
0%
Social Sentiment 0.00

ALBO Forecast and Technical Stock Analysis


Hold candidate since 2019-12-09 PDF

Albireo Pharma Inc fell by -2.35% in the last day ( Monday, 9th Dec 2019 ) from $20.81 to $20.32 and has now fallen 3 days in a row. During the day the stock fluctuated 5.48% from a day low at $19.90 to a day high of $20.99. The price has risen in 6 of the last 10 days and is up by 6.83% over the past 2 weeks. Volume has increased in the last day by 16 731 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, 98 213 shares bought and sold for approximately $2.00 million.

Quick summary:

  • 30 day high of the ALBO stock price was $22.88 and low was $17.50.
  • 90 day high was $26.54 and low was $16.13.
  • 52 week high for Albireo Pharma Inc - $38.69 and low - $16.13.
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Trend

Albireo Pharma Inc 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 -14.56% during the next 3 months and, with 90% probability hold a price between $12.45 and $19.02 at the end of this period.

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Signals

There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Thursday December 05, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Albireo Pharma Inc 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 $21.17. On a fall, the stock will find some support from the long-term average at approximately $19.24. 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.

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Relative Strength Index (RSI)

RSImin/max Values: [ 20 - 75 ]

RSI14 is 63 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 $20.00.

Support: $20.00 Price: $20.32 Resistance: $21.34

Risk

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 $1.09 between high and low, or 5.48%. For the last week, the stock has had a daily average volatility of 4.47%.

Our recommended stop-loss: $19.22 (-5.41%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 2 day(s) ago.)

4.47 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Hold/Accumulate Upgraded

Evaluation

Albireo Pharma Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate candidate.

Previous Hold Today ALBO ranks #2801 as HOLD CANDIDATE #2801 Next Hold
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