ANAT Forecast and Technical Stock Analysis
Buy candidate since 2019-11-21 PDF
American National Insurance Company gained 0.12% in the last trading day ( Thursday, 21st Nov 2019 ), rising from $118.86 to $119.00 During the day the stock fluctuated 1.40% from a day low at $118.19 to a day high of $119.84. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks. Volume fell in the last day by -20 394 shares and in total, 57 586 shares bought and sold for approximately $6.85 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 ANAT stock price was $122.83 and low was $115.50.
- 90 day high was $126.97 and low was $112.08.
- 52 week high for American National Insurance Company - $155.24 and low - $111.01.
American National Insurance Company is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect American National Insurance Company with a 90% probability to be traded between $116.68 and $127.32 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.
Only positive signals in the chart today. American National Insurance Company 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 $119.67. On a fall, the stock will find some support from the long-term average at approximately $118.57. 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 Wednesday November 20, 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 44 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 National Insurance Company finds support from accumulated volume at $118.90.
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 $1.65 (1.40%) between high and low. For the last week, the stock has had daily average volatility of 1.71%.
Our recommended stop-loss: $112.20 (-5.71%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)
1.71 %Average volatility
Very Low Low Medium High Very High
Several short-term signals 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 period. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.
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!