APPS Forecast and Technical Stock Analysis
Buy candidate since 2019-08-14 Gain 2.52%
Digital Turbine gained 9.58% in the last trading day ( Friday, 16th Aug 2019 ), rising from $5.95 to $6.52 During the day the stock fluctuated 9.05% from a day low at $6.08 to a day high of $6.63. The price has risen in 7 of the last 10 days and is up by 16.85% over the past 2 weeks. Volume fell in the last day by -0.49 million shares and in total, 3.68 million shares bought and sold for approximately $23.98 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 APPS stock price was $6.98 and low was $4.58.
- 90 day high was $6.98 and low was $3.62.
- 52 week high for Digital Turbine - $6.98 and low - $1.12.
Digital Turbine lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 50.63% during the next 3 months and, with 90% probability hold a price between $8.51 and $10.55 at the end of this period.
Only positive signals in the chart today. 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 $6.34 and $5.51. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday August 15, 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 66 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
Digital Turbine finds support from accumulated volume at $6.33.
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 $0.55 between high and low, or 9.05%. For the last week, the stock has had a daily average volatility of 9.46%.
Our recommended stop-loss: $6.24 (-4.26%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 1 days ago.)
9.46 %Average volatility
Very Low Low Medium High Very High
Digital Turbine holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate.
|APPS $6.52 ($0.57 9.58%)|
APPS is up $0.57 today, but where's it headed in 2019?
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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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