Friday June 14, 2019 Change 1.71% Price $12.41
Chart period: 2019-03-15 - 2019-06-14
VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

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

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A-Mark Precious Metals Forecast and Stock Analysis

Technical AMRK stock analysis for Friday June 14, 2019.

Buy candidate since 2019-06-14


A-Mark Precious Metals gained 1.71% in the last trading day ( Friday, 14th Jun 2019 ), rising from $12.20 to $12.41 During day the stock fluctuated 3.31% from a day low at $12.07 to a day high of $12.47. The price has risen in 5 of the last 10 days , but is still down by -1.52% for this period. Volume fell in the last day by -1 119 shares, and in total, 1 006 shares bought and sold for approximately $12 482.80. 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.

Quick summary:

  • 30 day high of the AMRK stock price was $13.89 and low was $11.95.
  • 90 day high was $13.89 and low was $10.77.
  • 52 week high for the A-Mark Precious Metals - $14.27 and low - $10.45.

Trend

A-Mark Precious Metals lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 12.74% during the next 3 months and, with 90% probability hold a price between $13.13 and $15.67 at the end of this period.

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Signals

A-Mark Precious Metals 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 $12.67. On a fall, the stock will find some support from the long-term average at approximately $12.34. 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. 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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Relative Strength Index (RSI)

RSI14 is 43 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

A-Mark Precious Metals finds support from accumulated volume at $11.90.

Support: $11.90 Price: $12.41 Resistance: $12.75

Risk

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

Our recommended stoploss: $11.74 (-5.38%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)

3.39 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Strong Sell Candidate to a Buy Candidate.

Buy Candidate Upgraded

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

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