AMDA Forecast and Technical Stock Analysis
Sell candidate since 2019-11-26 Gain 1.28% PDF
Amedica Corporation gained 5.26% in the last trading day ( Monday, 9th Dec 2019 ), rising from $1.52 to $1.60 During the day the stock fluctuated 8.59% from a day low at $1.51 to a day high of $1.64. The price has fallen in 5 of the last 10 days , but is still up by 8.84% 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, 67 066 more shares were traded than the day before. In total, 107 401 shares bought and sold for approximately $171 842.00.
- 30 day high of the AMDA stock price was $2.09 and low was $1.40.
- 90 day high was $3.14 and low was $1.37.
- 52 week high for Amedica Corporation - $4.39 and low - $0.07.
Amedica Corporation lies in the middle of a very 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 -21.64% during the next 3 months and, with 90% probability hold a price between $1.01 and $1.83 at the end of this period.
A buy signal was issued from a pivot bottom point on Tuesday December 03, 2019, which indicates further gains until a new top pivot has been found. Amedica Corporation 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. Amedica Corporation 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 $1.92. On a fall, the stock will find some support from the short-term average at $1.54. 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 40 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
Amedica Corporation finds support from accumulated volume at $1.55.
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 $0.13 between high and low, or 8.59%. For the last week, the stock has had a daily average volatility of 5.48%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
5.48 %Average volatility
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|AMDA $1.60 ($0.08 5.26%)|
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