Bullish vs. Bearish (58 opinions)
Social Sentiment 0.11
APDN Forecast and Technical Stock Analysis
Sell candidate since 2019-12-11 PDF
Applied DNA Sciences Inc gained 1.71% in the last trading day ( Wednesday, 11th Dec 2019 ), rising from $4.10 to $4.17 , and has now gained 5 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 4.75% from a day low at $4.00 to a day high of $4.19. The price has been going up and down for this period, and there has been a -2.11% loss for the last 2 weeks. Volume fell in the last day by -163 933 shares and in total, 214 999 shares bought and sold for approximately $896 546.00. 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 APDN stock price was $19.69 and low was $3.70.
- 90 day high was $19.69 and low was $0.17.
- 52 week high for Applied DNA Sciences Inc - $19.69 and low - $0.17.
Applied DNA Sciences Inc lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. A break down the bottom trend line at $3.00 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 43.37% during the next 3 months and, with 90% probability hold a price between $4.30 and $30.13 at the end of this period.
A buy signal was issued from a pivot bottom point on Tuesday November 19, 2019, which indicates further gains 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. Applied DNA Sciences Inc 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 $4.19. On a fall, the stock will find some support from the short-term average at $3.99. 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. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 51 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
Applied DNA Sciences Inc finds support from accumulated volume at $4.14.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.19 between high and low, or 4.75%. For the last week the stock has had a daily average volatility of 5.91%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
5.91 %Average volatility
Very Low Low Medium High Very High
Applied DNA Sciences Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since last evaluation from a Buy Candidate to a Sell Candidate candidate.
The general sentiment holds a neutral evaluation of the stock right now. The sentiment is based upon 58 votes on StockTwits.
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!