Weaker Buy Today AMWD ranks #484 as BUY CANDIDATE #484 Stronger Buy

AMWD stock forecast American Woodmark Corporation

AMWD stock forecast

Monday October 14, 2019 Change -1.18% Price $94.48
Your prediction: Prediction: Request




AMWD Forecast and Technical Stock Analysis

Buy candidate since 2019-10-02 Gain 6.58% PDF

American Woodmark Corporation fell by -1.18% in the last day ( Monday, 14th Oct 2019 ) from $95.61 to $94.48 During the day the stock fluctuated 4.67% from a day low at $91.82 to a day high of $96.11. The price has risen in 7 of the last 10 days and is up by 6.26% over the past 2 weeks. 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 -43 916 shares and in total 128 032 shares bought and sold for approximately $12.10 million.

Quick summary:

  • 30 day high of the AMWD stock price was $97.96 and low was $82.92.
  • 90 day high was $97.96 and low was $70.92.
  • 52 week high for American Woodmark Corporation - $97.96 and low - $53.35.
Top Trending Stocks


American Woodmark Corporation lies in the upper part of a wide and strong rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $97.23 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 13.4% during the next 3 months and, with 90% probability hold a price between $88.47 and $110.26 at the end of this period.

Top Golden Star Stocks


American Woodmark Corporation holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $93.59 and $87.11. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Friday October 11, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

The stock had a Golden Star Signal* on Wednesday January 30, 2019 in the medium-term chart.

* 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.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 80 ]

The stock holds a RSI14 at 82 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $84.51 and $82.37.

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 Woodmark Corporation finds support just below today's level at $84.51. If this is broken, then the next support from accumulated volume will be at $82.37 and $77.30.

Support: $84.51 Price: $94.48 Resistance: $94.58


This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $4.29 (4.67%) between high and low. For the last week, the stock has had daily average volatility of 2.97%.

The stock is overbought on RSI14 and lies in the upper part of the trend. Normally this will pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $90.46 (-4.25%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 82 and this increases the risk substantially. There is a sell signal from pivot top found 1 day(s) ago.)

2.97 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Buy Candidate Downgraded


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. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Strong Buy Candidate to a Buy Candidate.

Weaker Buy Today AMWD ranks #484 as BUY CANDIDATE #484 Stronger Buy
Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSX | BRU

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!

Get access to Golden Star list now!
Trading With Moving Average
As an investor, you always seek to understand what other... Full Article
Pivot Points
Pivot Points refer to points of significant change. As a... Full Article
Accumulated Volume - Support and Resistance
Volume is perhaps the best indicator of all and should... Full Article
Volume - The Indicator You Really Need to Know
Many new traders getting into the world of technical analysis... Full Article
We Give Back!
In 2016 StockInvest.us donated to NGO Goodwill projects to help purchase medical... Full Article
Better Buy: Amazon vs. Facebook
Amazon's stock slipped 21% over the past six months, as... Full Article

Proudly made at