Bullish vs. Bearish (11 opinions)
Social Sentiment 0.00
AMAG Forecast and Technical Stock Analysis
Hold candidate since 2019-10-15 PDF
AMAG Pharmaceuticals gained 5.17% in the last trading day ( Tuesday, 15th Oct 2019 ), rising from $10.84 to $11.40 During the day the stock fluctuated 7.78% from a day low at $10.80 to a day high of $11.64. The price has fallen in 6 of the last 10 days , but is still up by 0.8% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 163 316 more shares were traded than the day before. In total, 916 834 shares bought and sold for approximately $10.45 million.
- 30 day high of the AMAG stock price was $13.45 and low was $10.75.
- 90 day high was $13.45 and low was $6.81.
- 52 week high for AMAG Pharmaceuticals - $23.77 and low - $6.81.
AMAG Pharmaceuticals lies in the lower part of a very wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $10.90 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 33.49% during the next 3 months and, with 90% probability hold a price between $14.55 and $19.52 at the end of this period.
A buy signal was issued from a pivot bottom point on Monday October 14, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. AMAG Pharmaceuticals holds a buy signal 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 $11.73. On a fall, the stock will find some support from the short-term average at $11.36. 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 37 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
On the downside, the stock finds support just below today's level from accumulated volume at $10.36 and $10.29.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, AMAG Pharmaceuticals finds support just below today's level at $10.36. If this is broken, then the next support from accumulated volume will be at $10.29 and $8.84.
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 $0.84 between high and low, or 7.78%. For the last week, the stock has had a daily average volatility of 5.40%.
Our recommended stop-loss: $10.84 (-4.92%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)
5.40 %Average volatility
Very Low Low Medium High Very High
AMAG Pharmaceuticals holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level, we recommend to hold or accumulate in this position whilst awaiting further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.
|AMAG $10.84 ($-0.21 -1.86%)|
AMAG is down $0.21 today, but where's it headed in 2019?
|Zacks Investment Research is releasing its prediction for AMAG based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the AMAG analysis is free »
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!