Stronger Sell Today ALLT ranks #4256 as SELL CANDIDATE #4256 Weaker Sell

Allot Communications Ltd. stock forecast

ALLT stock forecast

Friday June 14, 2019 Change 0.00% Price $6.99
Chart period: 2019-03-15 - 2019-06-14
VOLUME
Buy
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Buy

Will ALLT stock price go up or down on Mon, 17 Jun 2019?

Predict

Allot Communications Ltd. Forecast and Stock Analysis

Technical ALLT stock analysis for Friday June 14, 2019.

Sell candidate since 2019-05-15 Loss -7.91%


No changes to the price of Allot Communications Ltd. in the last trading day ( Friday, 14th Jun 2019 ). During day the stock fluctuated 0.86% from a day low at $6.97 to a day high of $7.03. The price has fallen in 5 of the last 10 days , but is still up by 2.04% over the past 2 weeks.

Quick summary:

  • 30 day high of the ALLT stock price was $7.60 and low was $6.74.
  • 90 day high was $8.24 and low was $6.74.
  • 52 week high for the Allot Communications Ltd. - $8.34 and low - $5.02.

Trend

Allot Communications Ltd. 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 -12.62% during the next 3 months and, with 90% probability hold a price between $5.79 and $6.45 at the end of this period.

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Signals

A buy signal was issued from a pivot bottom point on Thursday June 13, 2019, which indicates further gains until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". Some negative signals were issued as well, and these may have some influence on the near short-term development. Allot Communications Ltd. 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 $7.11 and $7.23. A break-up above any of these levels will issue buy signals.

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Relative Strength Index (RSI)

RSI14 is 43 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Allot Communications Ltd. finds support from accumulated volume at $6.96.

Support: $6.96 Price: $6.99 Resistance: $7.25

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.06 (0.86%) between high and low. For the last week, the stock has had a daily average volatility of 1.86%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

1.86 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Allot Communications Ltd. 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.

Sell Candidate Upgraded
Stronger Sell Today ALLT ranks #4256 as SELL CANDIDATE #4256 Weaker Sell

Will ALLT stock price go up or down on Mon, 17 Jun 2019?

Predict

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