APF.L Forecast and Technical Stock Analysis
Sell candidate since 2019-07-25 Loss -9.71%
Morgan Stanley Asia Pacific Fund Inc gained 3.33% in the last trading day ( Thursday, 22nd Aug 2019 ), rising from £1.80 to £1.86 During the day the stock fluctuated 5.41% from a day low at £1.85 to a day high of £1.95. The price has fallen in 5 of the last 10 days and is down by -4.12% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 209 997 more shares were traded than the day before. In total, 376 481 shares bought and sold for approximately £700 255.00.
- 30 day high of the APF.L stock price was £2.14 and low was £1.73.
- 90 day high was £2.25 and low was £1.73.
- 52 week high for Morgan Stanley Asia Pacific Fund Inc - £178.00 and low - £1.27.
Morgan Stanley Asia Pacific Fund Inc lies in the middle of a 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 -9.64% during the next 3 months and, with 90% probability hold a price between £1.62 and £1.84 at the end of this period.
A buy signal was issued from a pivot bottom point on Wednesday August 21, 2019, which indicates further gains until a new top pivot has been found. Morgan Stanley Asia Pacific Fund Inc has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Morgan Stanley Asia Pacific Fund Inc holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at £1.88 and £2.00. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 15 - 80 ]
RSI14 is 43 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
Morgan Stanley Asia Pacific Fund Inc finds support from accumulated volume at £1.83.
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 £0.10 between high and low, or 5.41%. For the last week, the stock has had a daily average volatility of 7.54%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
7.54 %Average volatility
Very Low Low Medium High Very High
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!