ARA - ARACRUZ CELLULOSE S A

Exchange: NYSE

ARA - ARACRUZ CELLULOSE S A

Exchange: NYSE
#6284()/7534

Fri 19'th Oct 2018

PERIOD 2018-07-20 - 2018-10-19
CHANGE -2.96%
PRICE $17.73
VOLUME
Sell
TREND
Hold

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

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ARACRUZ CELLULOSE S A Stock Analysis

Technical stock analysis for Fri 19'th Oct 2018

Sell candidate since 2018-10-19
Shorts 17.46% ( 2018-09-28 )
Cash 67.6 mill
Loans 559.0 mill
Beta 2.56
ROA -1.00

ARACRUZ CELLULOSE S A fell by -2.96% in the last day from $18.27 to $17.73 The price has fallen in 6 of the last 10 days and is down by -13.39% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -45 639 shares and in total 136 287 shares bought and sold for approximately $2.42 million.

Trend

ARACRUZ CELLULOSE S A has broken the very wide and strong rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $18.27. A reaction back to this level may hold a second chance to get out before further falls.

Click here for today's Top 5 Trending Companies

Signals

There are few to none technical positive signals at the moment. ARACRUZ CELLULOSE S A 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 $18.71 and $20.33. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday October 16, 2018, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

The stock currently holds a RSI14 at 19 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $16.63 and $16.53.

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, ARACRUZ CELLULOSE S A finds support just below today's level at $16.63. If this is broken, then the next support from accumulated volume will be at $16.53 and $16.09.

Support: $16.63 Price: $17.73 Resistance: $20.03

Risk

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 $0.87 between high and low, or 4.94%. For the last week, the stock has had a daily average volatility of 5.54%.

ARACRUZ CELLULOSE S A is oversold on RSI14 (19). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Overall risk:

Very Low Low Medium High Very High

Evaluation

The ARACRUZ CELLULOSE S A stock holds several negative signals and despite the positive trend we believe ARACRUZ CELLULOSE S A will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.

Sell Candidate

Click for Top 5 Sell Candidates
ARA $17.73 $-0.54(-2.96%)
ARA is down $0.54 today, but where's it headed in November?
Zacks Investment Research is releasing its prediction for ARA based on the 1-3 month system that more than doubles the S&P 500.

Click here – the ARA analysis is free »

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