ANGO Forecast and Technical Stock Analysis
Hold candidate since 2019-12-04 Gain 0.86% PDF
AngioDynamics fell by -0.58% in the last day ( Monday, 9th Dec 2019 ) from $15.41 to $15.32 During the day the stock fluctuated 1.71% from a day low at $15.18 to a day high of $15.44. The price has been going up and down for this period, and there has been a 0.52% gain for the last 2 weeks. Volume has increased in the last day by 64 496 shares but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 371 858 shares bought and sold for approximately $5.70 million.
- 30 day high of the ANGO stock price was $15.73 and low was $14.82.
- 90 day high was $19.59 and low was $13.72.
- 52 week high for AngioDynamics - $25.48 and low - $13.72.
AngioDynamics 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 stock is expected to fall -18.39% during the next 3 months and, with 90% probability hold a price between $9.84 and $13.17 at the end of this period.
AngioDynamics 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 $15.27 and $15.10. 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 December 06, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 55 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
AngioDynamics finds support from accumulated volume at $15.16.
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 $0.26 (1.71%) between high and low. For the last week, the stock has had daily average volatility of 2.04%.
Our recommended stop-loss: $14.82 (-3.26%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 1 day(s) ago.)
2.04 %Average volatility
Very Low Low Medium High Very High
AngioDynamics 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 hold candidate (hold or accumulate) in this position whilst awaiting further development.
|ANGO $15.32 ($-0.09 -0.58%)|
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