Bullish vs. Bearish (1 opinions)
Social Sentiment 0.67
ARAY Forecast and Technical Stock Analysis
Sell candidate since 2019-09-17 Loss -3.57% PDF
Accuray Incorporated gained 2.77% in the last trading day ( Friday, 20th Sep 2019 ), rising from $2.89 to $2.97 During the day the stock fluctuated 6.25% from a day low at $2.88 to a day high of $3.06. The price has been going up and down for this period, and there has been a 5.32% gain for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 1.86 million more shares were traded than the day before. In total, 2.36 million shares bought and sold for approximately $7.02 million.
- 30 day high of the ARAY stock price was $3.25 and low was $2.53.
- 90 day high was $4.27 and low was $2.35.
- 52 week high for Accuray Incorporated - $5.40 and low - $2.35.
Accuray Incorporated lies in the middle of a very 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 -28.69% during the next 3 months and, with 90% probability hold a price between $1.58 and $2.40 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday September 19, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Accuray Incorporated 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 $3.01 and $3.03. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 62 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
Accuray Incorporated finds support from accumulated volume at $2.83.
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 $0.18 between high and low, or 6.25%. For the last week, the stock has had a daily average volatility of 5.20%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
5.20 %Average volatility
Very Low Low Medium High Very High
|ARAY $2.97 ($0.08 2.77%)|
ARAY is up $0.08 today, but where's it headed in 2019?
|Zacks Investment Research is releasing its prediction for ARAY based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the ARAY analysis is free »
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!