Today APWC ranks # as SELL CANDIDATE.
Today APWC ranks # as SELL CANDIDATE.

APWC stock Asia Pacific Wire & Cable Corporation Limited

APWC stock
Asia Pacific Wire & Cable Corporation Limited

April 25, 2019
Change -0.87%
Chart period: 2019-01-28 - 2019-04-25
VOLUME
Buy
TREND
Hold

MV LONG
Sell

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will APWC stock price go up or down on Fri, 26 Apr 2019?

Asia Pacific Wire & Cable Corporation Limited Forecast and Stock Analysis

Technical APWC stock analysis for April 25, 2019.

Sell candidate since 2019-04-16 Gain 2.70%
Shorts n/a
Cash n/a
Loans n/a
Beta 1.65
ROA 1.76

Asia Pacific Wire & Cable Corporation Limited fell by -0.87% in the last day from $2.30 to $2.28 The price has been going up and down for this period, and there has been a -1.3% loss for the last 2 weeks. Volume has increased in the last day by 4 057 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, 4 570 shares bought and sold for approximately $10 419.60.

Close price at the end of the last trading day (Thursday, 25th Apr 2019) of the APWC stock was $2.28. This is 0.87% less than the trading day before Wednesday, 24th Apr 2019.

During day the stock fluctuated 2.63% from a day low at $2.28 to a day high of $2.34.

30 day high of the APWC stock price was $2.39 and low was $2.20.
90 day high was $2.40 and low was $2.05.
52 week high for the Asia Pacific Wire & Cable Corporation Limited - $2.77 and low - $1.77.

Trend

Given the current horizontal trend you can expect Asia Pacific Wire & Cable Corporation Limited with 90% probability to be traded between $2.16 and $2.41 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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Signals

There are few to none technical positive signals at the moment. Asia Pacific Wire & Cable Corporation Limited holds a buysignal 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 $2.32. On a fall, the stock will find some support from the short-term average at $2.25. 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. A sales signal was issued from a pivot top point on Wednesday April 24, 2019, which indicates further falls until a new bottom pivot has been found. Asia Pacific Wire & Cable Corporation Limited gained volume on the last day, but on falling prices. In technical terms this is called divergence and may be an early warning. In some cases increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-off's". The very low volume increases the risk and reduces the other technical signals issued.

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A sell signal from a double top formation was found on Wednesday April 24, 2019 and based on theory for this formation the price should fall by -0.06% to $2.24 within 4 trading days since signal was issued (Tuesday April 30, 2019).

Relative Strength Index (RSI)

RSI14 is 49 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Asia Pacific Wire & Cable Corporation Limited finds support from accumulated volume at $2.22.

Support: $2.22 Price: $2.28 Resistance: $2.30

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.06 (2.63%) between high and low. For the last week, the stock has had a daily average volatility of 1.66%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Today APWC ranks # as SELL CANDIDATE.
Today APWC ranks # as SELL CANDIDATE.