ANGO Forecast and Technical Stock Analysis
Sell candidate since 2019-09-25 Loss -21.69% PDF
AngioDynamics gained 1.45% in the last trading day ( Monday, 14th Oct 2019 ), rising from $14.52 to $14.73 , 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 2.31% from a day low at $14.52 to a day high of $14.86. The price has fallen in 7 of the last 10 days and is down by -20.03% for this period. Volume fell in the last day by -108 214 shares and in total, 250 272 shares bought and sold for approximately $3.69 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 ANGO stock price was $19.59 and low was $13.72.
- 90 day high was $21.90 and low was $13.72.
- 52 week high for AngioDynamics - $25.48 and low - $13.72.
AngioDynamics lies in the lower of a very wide and falling trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $14.25 will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -23.92% during the next 3 months and, with 90% probability hold a price between $10.84 and $13.65 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday October 10, 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. AngioDynamics holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $17.56. On a fall, the stock will find some support from the short-term average at $14.58. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 13 and the stock is extremely oversold on RSI14 and is now having a minor correction up. Further gains in the short-term can be expected, and some stocks will provide a very good short-term return from this kind of RSI position unless there is a fundamental risk for bankruptcy or other issues that may affect the stock negatively.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
AngioDynamics finds support from accumulated volume at $14.64.
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 $0.34 between high and low, or 2.31%. For the last week, the stock has had a daily average volatility of 2.48%.
AngioDynamics is oversold on RSI14 (13). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buying opportunity.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.48 %Average volatility
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|ANGO $14.73 ($0.21 1.45%)|
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