Today AMED ranks # as HOLD CANDIDATE.
Today AMED ranks # as HOLD CANDIDATE.

AMED stock Amedisys Inc

AMED stock
Amedisys Inc

February 15, 2019
Change -1.81%
Chart period: 2018-11-16 - 2019-02-15
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

Will AMED stock price go up or down on Tue, 19 Feb 2019?

Amedisys Inc Forecast and Stock Analysis

Technical AMED stock analysis for February 15, 2019.

Hold candidate since 2019-02-15
Shorts n/a
Cash n/a
Loans n/a
Beta 1.40
ROA 11.60

Amedisys Inc fell by -1.81% in the last day from $138.73 to $136.22 The price has risen in 6 of the last 10 days and is up by 2.73% over the past 2 weeks. Volume has increased in the last day by 371 400 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 677 563 shares bought and sold for approximately $92.30 million.

Close price at the end of the last trading day (Friday, 15th Feb 2019) of the AMED stock was $136.22. This is 1.81% less than the trading day before Thursday, 14th Feb 2019.

During day the stock fluctuated 1.69% from a day low at $134.49 to a day high of $136.76.

30 day high of the AMED stock price was $139.80 and low was $123.72.
90 day high was $140.91 and low was $103.76.
52 week high for the Amedisys Inc - $140.91 and low - $55.41.

Trend

Amedisys Inc lies in the middle of a very wide and weak 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 6.23% during the next 3 months and, with 90% probability hold a price between $118.34 and $156.62 at the end of this period.

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Signals

Amedisys Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $134.88 and $126.36. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Thursday February 14, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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A sell signal from a double top formation was found on Thursday February 14, 2019 and based on theory for this formation the price should fall by -12.24% to $126.43 within 7 trading days since signal was issued (Tuesday February 26, 2019).

Relative Strength Index (RSI)

RSI14 is 65 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Amedisys Inc finds support from accumulated volume at $130.30.

Support: $130.30 Price: $136.22 Resistance: $136.25

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 $2.27 (1.69%) between high and low. For the last week, the stock has had a daily average volatility of 2.74%.

Our recommended stoploss: $131.07 (-3.78%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Hold/Accumulate

Amedisys Inc 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 for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Strong Buy Candidate to a Hold/Accumulate.

Today AMED ranks # as HOLD CANDIDATE.
Today AMED ranks # as HOLD CANDIDATE.