NASDAQ:ANCX
Delisted

Access National Corporation Fund Forecast

$23.61
+0 (+0%)
At Close: Feb 15, 2019
RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Access National Corporation fund downgraded from Buy Candidate to Hold/Accumulate after Friday trading session.
(Updated on Feb 15, 2019)

Buy or Hold candidate since Feb 12, 2019 PDF

No changes to the price of Access National Corporation fund on the last trading day (Friday, 15th Feb 2019). During the last trading day the fund fluctuated 0% from a day low at $23.61 to a day high of $23.61. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The fund lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the fund is expected to fall -5.19% during the next 3 months and, with a 90% probability hold a price between $18.71 and $24.28 at the end of this 3-month period.

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ANCX Signals & Forecast

The Access National Corporation fund holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, 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 $23.61 and $23.50. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, January 31, 2019, and so far it has fallen 0%. Further rise is indicated 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Access National Corporation fund

Access National Corporation finds support from accumulated volume at $22.45 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%

Our recommended stop-loss: $22.19 (-6.00%) (This fund has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 11 days ago.)

Trading Expectations (ANCX) For The Upcoming Trading Day Of Tuesday 19th

For the upcoming trading day on Tuesday, 19th we expect Access National Corporation to open at $23.61, and during the day (based on 14 day Average True Range), to move between $23.34 and $23.88, which gives a possible trading interval of +/-$0.270 (+/-1.15%) up or down from last closing price. If Access National Corporation takes out the full calculated possible swing range there will be an estimated 2.29% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $23.79 (0.76%) than the support at $22.45 (4.91%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Access National Corporation fund A Buy?

Access National Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this fund since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.710 Hold/Accumulate Downgraded

Predicted Opening Price for Access National Corporation of Tuesday, February 19, 2019

Fair opening price February 19, 2019 Current price
$23.61 ( 0%) $23.61

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ANCX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 23.61 .
R2 23.61 .
R1 23.61 .
Current price: 23.61
Support S1 23.61 .
S2 23.61 .
S3 23.61 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 25.99 10.08 %
R2 25.40 7.58 %
R1 23.79 0.762 %
Current price 23.61
Support S1 22.45 -4.91%
S2 22.19 -6.01%
S3 20.92 -11.39%

FAQ

What is the symbol for Access National Corporation Fund and on which exchange is it traded?
The symbol for Access National Corporation is ANCX and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Access National Corporation Fund?
Access National Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this fund since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Access National Corporation Fund?
Access National Corporation Fund can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Access National Corporation Fund.

What's the current price of Access National Corporation Fund?
As of the end of day on the 2019-02-15, the price of an Access National Corporation (ANCX) share was $23.61.

What is the 52-week high and low for Access National Corporation Fund?
The 52-week high for Access National Corporation Fund is $30.40 and the 52-week low is $20.34.
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About Access National Corporation

Access National Corporation operates as a bank holding company for Access National Bank that provides credit, deposit, mortgage, and wealth management services to small and medium sized businesses, professionals, and associated individuals primarily in the greater Washington, D.C. Metropolitan Area. The company operates through three segments: Commercial Banking, Mortgage Banking, and Wealth Management. It offers checking accounts, savings accoun... ANCX Profile

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