Bullish vs. Bearish (3 opinions)
Social Sentiment 0.22
AMED Forecast and Technical Stock Analysis
Sell candidate since 2019-10-14 PDF
Amedisys Inc fell by -0.21% in the last day ( Monday, 14th Oct 2019 ) from $130.03 to $129.76 During the day the stock fluctuated 1.69% from a day low at $129.15 to a day high of $131.33. The price has been going up and down for this period, and there has been a -0.95% loss for the last 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 -124 823 shares and in total 191 919 shares bought and sold for approximately $24.90 million.
- 30 day high of the AMED stock price was $137.40 and low was $121.00.
- 90 day high was $141.98 and low was $121.00.
- 52 week high for Amedisys Inc - $141.98 and low - $97.38.
Amedisys Inc is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Amedisys Inc with a 90% probability to be traded between $120.19 and $133.18 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Some negative signals were issued as well, and these may have some influence on the near short-term development. Amedisys Inc 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 $129.96. On a fall, the stock will find some support from the short-term average at $127.01. 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 Friday October 11, 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)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 45 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
Amedisys Inc finds support from accumulated volume at $127.56.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.18 (1.69%) between high and low. For the last week, the stock has had daily average volatility of 2.64%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.64 %Average volatility
Very Low Low Medium High Very High
Amedisys Inc 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. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Sell Candidate.
|AMED $129.76 ($-0.27 -0.21%)|
AMED is down $0.27 today, but where's it headed in 2019?
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