Today AMOV ranks # as HOLD CANDIDATE.
Today AMOV ranks # as HOLD CANDIDATE.

AMOV stock America Movil

AMOV stock
America Movil

April 25, 2019
Change 0.92%
Chart period: 2019-01-28 - 2019-04-25
VOLUME
Sell
TREND
Hold

MV LONG
Buy

MV SHORT
Sell

PIVOT
Buy

MACD
Buy

Will AMOV stock price go up or down on Fri, 26 Apr 2019?

America Movil Forecast and Stock Analysis

Technical AMOV stock analysis for April 25, 2019.

Hold candidate since 2019-04-25
Shorts 0.15% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 0.52
ROA 3.69

America Movil gained 0.92% in the last trading day, rising from $15.18 to $15.32 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has been going up and down for this period, and there has been a -3.16% loss for the last 2 weeks. Volume fell in the last day by -3 197 shares, and in total, 407 shares bought and sold for approximately $6 235.24. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Close price at the end of the last trading day (Thursday, 25th Apr 2019) of the AMOV stock was $15.32. This is 0.92% more than the trading day before Wednesday, 24th Apr 2019.

During day the stock fluctuated 0.07% from a day low at $15.31 to a day high of $15.32.

30 day high of the AMOV stock price was $15.82 and low was $13.87.
90 day high was $16.37 and low was $13.53.
52 week high for the America Movil - $18.62 and low - $12.09.

Trend

Given the current horizontal trend you can expect America Movil with 90% probability to be traded between $13.30 and $15.97 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.

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Signals

America Movil holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $15.47. On a fall, the stock will find some support from the long-term average at approximately $14.90. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Tuesday April 23, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

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A sell signal from a double bottom formation was found on Thursday April 18, 2019 with a target of $15.37. Despite the objective of the signal formation has been reached the stock may continue to fall.

Relative Strength Index (RSI)

RSI14 is 61 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

America Movil finds support from accumulated volume at $15.16.

Support: $15.16 Price: $15.32 Resistance: $15.62

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.01 between high and low, or 0.07%. For the last week the stock has had a daily average volatility of 1.03%.

Our recommended stoploss: $14.50 (-5.38%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Hold/Accumulate

America Movil 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 Buy Candidate to a Hold/Accumulate.

Today AMOV ranks # as HOLD CANDIDATE.
Today AMOV ranks # as HOLD CANDIDATE.