Friday June 14, 2019 Change -0.64% Price $12.37
Chart period: 2019-03-15 - 2019-06-14
VOLUME
Sell
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Buy

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

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American River Bankshares Forecast and Stock Analysis

Technical AMRB stock analysis for Friday June 14, 2019.

Sell candidate since 2019-06-10 Loss -0.48%


American River Bankshares fell by -0.64% in the last day ( Friday, 14th Jun 2019 ) from $12.45 to $12.37 During day the stock fluctuated 3.68% from a day low at $12.35 to a day high of $12.81. The price has risen in 6 of the last 10 days , but is still down by -1.04% for this period. 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 -5 217 shares and in total 1 728 shares bought and sold for approximately $21 375.40.

Quick summary:

  • 30 day high of the AMRB stock price was $13.23 and low was $12.06.
  • 90 day high was $13.88 and low was $11.66.
  • 52 week high for the American River Bankshares - $17.48 and low - $10.50.

Trend

American River Bankshares 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 -5.04% during the next 3 months and, with 90% probability hold a price between $10.83 and $12.35 at the end of this period.

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Signals

A buy signal was issued from a pivot bottom point on Tuesday June 11, 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. American River Bankshares holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $12.45 and $12.67. A break-up above any of these levels will issue buy signals. 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. The very low volume increases the risk and reduces the other technical signals issued.

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A sell signal from a double top formation was found on Friday June 07, 2019 and based on theory for this formation the price should fall by -0.61% to $12.19 within 3 trading days since signal was issued (Wednesday June 12, 2019).

Relative Strength Index (RSI)

RSI14 is 52 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

American River Bankshares finds support from accumulated volume at $12.35.

Support: $12.35 Price: $12.37 Resistance: $12.50

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.

2.38 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

American River Bankshares holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Sell Candidate Downgraded

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

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