APPS Forecast and Technical Stock Analysis
Buy candidate since 2019-11-14 Loss -1.36% PDF
Digital Turbine fell by -1.36% in the last day ( Friday, 15th Nov 2019 ) from $8.07 to $7.96 and has now fallen 4 days in a row. During the day the stock fluctuated 6.60% from a day low at $7.71 to a day high of $8.22. The price has been going up and down for this period, and there has been a 13.07% gain for the last 2 weeks. Volume has increased in the last day by 0.01 million 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, 2.44 million shares bought and sold for approximately $19.41 million.
- 30 day high of the APPS stock price was $8.51 and low was $6.25.
- 90 day high was $8.51 and low was $5.78.
- 52 week high for Digital Turbine - $8.51 and low - $1.54.
Digital Turbine lies in the upper part of a very wide and weak rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $8.30 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 3.03% during the next 3 months and, with 90% probability hold a price between $6.36 and $8.55 at the end of this period.
Digital Turbine 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 $7.68 and $6.90. 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 Tuesday November 12, 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 58 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
On the downside, the stock finds support just below today's level from accumulated volume at $7.47 and $7.22.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Digital Turbine finds support just below today's level at $7.47. If this is broken, then the next support from accumulated volume will be at $7.22 and $7.20.
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 $0.51 between high and low, or 6.60%. For the last week, the stock has had a daily average volatility of 7.48%.
Our recommended stop-loss: $7.56 (-4.98%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 3 day(s) ago.)
7.48 %Average volatility
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|APPS $7.96 ($-0.11 -1.36%)|
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
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