Friday June 14, 2019 Change -0.29% Price $34.31
Chart period: 2019-03-15 - 2019-06-14
VOLUME
Sell
TREND
Sell
MV LONG
Sell

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will AMOT stock price go up or down on Mon, 17 Jun 2019?

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Allied Motion Technologies Forecast and Stock Analysis

Technical AMOT stock analysis for Friday June 14, 2019.

Sell candidate since 2019-05-24 Loss -3.43%


Allied Motion Technologies fell by -0.29% in the last day ( Friday, 14th Jun 2019 ) from $34.41 to $34.31 During day the stock fluctuated 0.76% from a day low at $34.15 to a day high of $34.41. The price has fallen in 6 of the last 10 days , but is still up by 5.67% 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 -9 161 shares and in total 15 839 shares bought and sold for approximately $543 436.00.

Quick summary:

  • 30 day high of the AMOT stock price was $37.09 and low was $31.72.
  • 90 day high was $41.29 and low was $31.72.
  • 52 week high for the Allied Motion Technologies - $55.47 and low - $31.72.

Trend

Allied Motion Technologies lies in the middle of a 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 -7.94% during the next 3 months and, with 90% probability hold a price between $28.80 and $35.79 at the end of this period.

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Signals

Some negative signals were issued as well, and these may have some influence on the near short-term development. Allied Motion Technologies 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 $35.69. On a fall, the stock will find some support from the short-term average at $34.25. 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 June 10, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

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Relative Strength Index (RSI)

RSI14 is 41 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Allied Motion Technologies finds support from accumulated volume at $33.78.

Support: $33.78 Price: $34.31 Resistance: $35.50

Risk

In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

1.78 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Stronger Sell Today AMOT ranks #3381 as SELL CANDIDATE #3381 Weaker Sell

Will AMOT stock price go up or down on Mon, 17 Jun 2019?

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