Bullish vs. Bearish (1 opinions)
Social Sentiment -0.73
ALBO Forecast and Technical Stock Analysis
Sell candidate since 2019-09-18 Loss -32.08% PDF
Albireo Pharma Inc fell by -0.12% in the last day ( Monday, 14th Oct 2019 ) from $16.94 to $16.92 and has now fallen 3 days in a row. During the day the stock fluctuated 7.53% from a day low at $16.13 to a day high of $17.35. The price has fallen in 7 of the last 10 days and is down by -15.4% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -1 200 shares and in total 61 753 shares bought and sold for approximately $1.04 million.
- 30 day high of the ALBO stock price was $26.30 and low was $16.13.
- 90 day high was $29.97 and low was $16.13.
- 52 week high for Albireo Pharma Inc - $38.69 and low - $16.13.
Albireo Pharma Inc lies in the lower of a very wide and falling trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $16.47 will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -28.29% during the next 3 months and, with 90% probability hold a price between $11.81 and $16.32 at the end of this period.
There are few to none technical positive signals at the moment. Albireo Pharma Inc 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 $17.64 and $22.33. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday September 11, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Relative Strength Index (RSI)
RSImin/max Values: [ 20 - 75 ]
The stock currently holds a RSI14 at 16 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 $1.22 between high and low, or 7.53%. For the last week the stock has had a daily average volatility of 6.16%.
Albireo Pharma Inc is oversold on RSI14 (16). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
6.16 %Average volatility
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|ALBO $16.92 ($-0.02 -0.12%)|
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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.
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