Friday June 14, 2019 Change 0.26% Price $14.57
Chart period: 2019-03-15 - 2019-06-14
VOLUME
Buy
TREND
Sell
MV LONG
Buy

MV SHORT
Sell

PIVOT
Buy

MACD
Buy

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

Predict

America Movil Forecast and Stock Analysis

Technical AMOV stock analysis for Friday June 14, 2019.

Hold candidate since 2019-06-14


America Movil gained 0.26% in the last trading day ( Friday, 14th Jun 2019 ), rising from $14.53 to $14.57 During day the stock fluctuated 1.32% from a day low at $14.42 to a day high of $14.61. The price has risen in 7 of the last 10 days and is up by 5.27% 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, 10 119 more shares were traded than the day before. In total, 11 909 shares bought and sold for approximately $173 514.00.

Quick summary:

  • 30 day high of the AMOV stock price was $15.10 and low was $13.72.
  • 90 day high was $15.82 and low was $13.48.
  • 52 week high for the America Movil - $18.00 and low - $12.09.

Trend

America Movil 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 -3.78% during the next 3 months and, with 90% probability hold a price between $12.89 and $14.85 at the end of this period.

Click here for today's Top 5 Trending Companies

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 $14.69. On a fall, the stock will find some support from the long-term average at approximately $14.48. 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 Thursday June 13, 2019, which indicates further gains until a new top pivot has been found. America Movil 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.

Access today's Top 5 Golden Star Companies

A buy signal from a double bottom formation was found on Thursday June 13, 2019 and based on theory for this formation the price should go up by 0.67% to $15.14 within 5 trading days since signal was issued (Thursday June 20, 2019).

Relative Strength Index (RSI)

RSI14 is 54 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 $14.13.

Support: $14.13 Price: $14.57 Resistance: $14.60

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 $0.19 (1.32%) between high and low. For the last week, the stock has had a daily average volatility of 1.54%.

Our recommended stoploss: $13.69 (-6.06%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)

1.54 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

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. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

Hold/Accumulate Upgraded
Previous Hold Today AMOV ranks #1676 as HOLD CANDIDATE #1676 Next Hold

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

Predict

Proudly made at

Rise Vilnius
in partnership with
Barclays Bank