Alarm.com Holdings Forecast and Stock Analysis
Technical ALRM stock analysis for March 19, 2019.
Alarm.com Holdings fell by -0.32% in the last day from $61.72 to $61.52 The price has risen in 7 of the last 10 days and is up by 3.88% over the past 2 weeks. 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 -164 704 shares and in total 207 590 shares bought and sold for approximately $12.77 million.
Close price at the end of the last trading day (Tuesday, 19th Mar 2019) of the ALRM stock was $61.52. This is 0.32% less than the trading day before Monday, 18th Mar 2019.
During day the stock fluctuated 1.43% from a day low at $61.24 to a day high of $62.11.
30 day high of the ALRM stock price was $65.85 and low was $54.03.
90 day high was $65.85 and low was $43.74.
52 week high for the Alarm.com Holdings - $65.85 and low - $36.28.
Alarm.com Holdings 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 22.53% during the next 3 months and, with 90% probability hold a price between $70.07 and $86.45 at the end of this period.
Some negative signals were issued as well, and these may have some influence on the near short-term development. Alarm.com Holdings holds a buysignal 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 $62.38. On a fall, the stock will find some support from the short-term average at $60.84. 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. A sales signal was issued from a pivot top point on Monday March 18, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Relative Strength Index (RSI)
RSI14 is 40 and the stock is currently not being overbought or oversold
Support & Resistance
Alarm.com Holdings finds support from accumulated volume at $60.38.
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 $0.87 between high and low, or 1.43%. For the last week, the stock has had a daily average volatility of 1.85%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
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Evaluation: Sell Candidate
Alarm.com Holdings holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.