AMWD Forecast and Technical Stock Analysis
Hold candidate since 2019-08-16 Gain 0.12%
American Woodmark Corporation gained 0.12% in the last trading day ( Monday, 19th Aug 2019 ), rising from $75.20 to $75.29 , 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. During the day the stock fluctuated 3.65% from a day low at $75.24 to a day high of $77.99. The price has risen in 6 of the last 10 days , but is still down by -3.42% for this period. Volume fell in the last day by -113 882 shares and in total, 102 992 shares bought and sold for approximately $7.75 million. 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.
- 30 day high of the AMWD stock price was $87.15 and low was $72.68.
- 90 day high was $89.47 and low was $71.85.
- 52 week high for American Woodmark Corporation - $98.48 and low - $53.35.
American Woodmark Corporation is at the lower part of a wide and horizontal trend on short term, and normally this would pose a good buying opportunity, though a break down through the bottom trend line at $73.26 will give a strong sales signal and a trend shift may be expected. Given the current horizontal trend, you can expect American Woodmark Corporation with a 90% probability to be traded between $73.98 and $90.24 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.
A buy signal was issued from a pivot bottom point on Thursday August 15, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. American Woodmark Corporation 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 $76.93 and $81.80. A break-up above any of these levels will issue buy signals.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 30 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
American Woodmark Corporation finds support from accumulated volume at $75.20.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $2.75 between high and low, or 3.65%. For the last week, the stock has had a daily average volatility of 3.42%.
Our recommended stop-loss: $71.07 (-5.60%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 2 days ago.)
3.42 %Average volatility
Very Low Low Medium High Very High
|AMWD $75.29 ($0.09 0.12%)|
AMWD is up $0.09 today, but where's it headed in 2019?
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!