Previous Hold Today AMSWA ranks #1841 as HOLD CANDIDATE. Next Hold
Today AMSWA ranks #1841 as HOLD CANDIDATE.

AMSWA stock American Software

AMSWA stock
American Software

April 25, 2019
Change -0.70%
Chart period: 2019-01-28 - 2019-04-25
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

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

American Software Forecast and Stock Analysis

Technical AMSWA stock analysis for April 25, 2019.

Hold candidate since 2019-04-24 Loss -0.70%
Shorts n/a
Cash n/a
Loans n/a
Beta 0.65
ROA 3.97

American Software fell by -0.70% in the last day from $12.77 to $12.68 and has now fallen 3 days in a row. The price has fallen in 5 of the last 10 days and is down by -0.55% for this period. Volume has increased in the last day by 48 140 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 120 006 shares bought and sold for approximately $1.52 million.

Close price at the end of the last trading day (Thursday, 25th Apr 2019) of the AMSWA stock was $12.68. This is 0.7% less than the trading day before Wednesday, 24th Apr 2019.

During day the stock fluctuated 2.72% from a day low at $12.52 to a day high of $12.86.

30 day high of the AMSWA stock price was $13.16 and low was $11.37.
90 day high was $13.16 and low was $10.42.
52 week high for the American Software - $18.94 and low - $8.99.

Trend

American Software lies in the middle of a 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 16.12% during the next 3 months and, with 90% probability hold a price between $14.03 and $15.41 at the end of this period.

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Signals

There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Tuesday April 23, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. American Software 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 $12.79. On a fall, the stock will find some support from the long-term average at approximately $12.18. 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.

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Relative Strength Index (RSI)

RSI14 is 45 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $11.81 and $11.75.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, American Software finds support just below today's level at $11.81. If this is broken, then the next support from accumulated volume will be at $11.75 and $11.64.

Support: $11.81 Price: $12.68 Resistance: $12.75

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 $0.34 (2.72%) between high and low. For the last week, the stock has had a daily average volatility of 2.36%.

Our recommended stoploss: $12.14 (-4.29%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Previous Hold Today AMSWA ranks #1841 as HOLD CANDIDATE. Next Hold
Today AMSWA ranks #1841 as HOLD CANDIDATE.