Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU
Wednesday June 19, 2019 Change 2.34% Price $25.81
Chart period: 2019-03-20 - 2019-06-19
VOLUME
Buy
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Will ALOT stock price go up or down on Thu, 20 Jun 2019?

Predict

Astro-Med Forecast and Stock Analysis

Technical ALOT stock analysis for Wednesday June 19, 2019.

Buy candidate since 2019-06-19


Astro-Med gained 2.34% in the last trading day ( Wednesday, 19th Jun 2019 ), rising from $25.22 to $25.81 , 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 day the stock fluctuated 3.97% from a day low at $25.34 to a day high of $26.34. The price has risen in 6 of the last 10 days , but is still down by -0.46% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 15 090 more shares were traded than the day before. In total, 42 152 shares bought and sold for approximately $1.09 million.

Quick summary:

  • 30 day high of the ALOT stock price was $26.97 and low was $24.37.
  • 90 day high was $27.96 and low was $18.73.
  • 52 week high for the Astro-Med - $27.96 and low - $16.74.

Trend

Astro-Med lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 21.4% during the next 3 months and, with 90% probability hold a price between $29.84 and $35.89 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Only positive signals in the chart today. Astro-Med holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $25.54 and $25.74. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday June 17, 2019, which indicates further gains until a new top pivot has been found. Astro-Med 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.

Access today's Top 5 Golden Star Companies

A sell signal from a double top formation was found on Wednesday June 12, 2019 and based on theory for this formation the price should fall by -0.34% to $25.78 within 3 trading days since signal was issued (Monday June 17, 2019).

Relative Strength Index (RSI)

RSI14 is 44 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Astro-Med finds support from accumulated volume at $25.50.

Support: $25.50 Price: $25.81 Resistance: $25.93

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 $1.01 (3.97%) between high and low. For the last week, the stock has had a daily average volatility of 3.68%.

Our recommended stoploss: $24.67 (-4.41%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 2 days ago.)

3.68 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.

Buy Candidate Upgraded
Weaker Buy Today ALOT ranks #1270 as BUY CANDIDATE #1270 Stronger Buy

Will ALOT stock price go up or down on Thu, 20 Jun 2019?

Predict

Proudly made at

Rise Vilnius
in partnership with
Barclays Bank