VOLUME
Buy
TREND
Hold
MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

ARAY Forecast and Technical Stock Analysis

Buy candidate since 2019-07-18 Gain 4.74%

Accuray Incorporated gained 4.74% in the last trading day ( Friday, 19th Jul 2019 ), rising from $3.80 to $3.98 , and has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During day the stock fluctuated 5.84% from a day low at $3.77 to a day high of $3.99. The price has been going up and down for this period, and there has been a 4.46% 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, 519 646 more shares were traded than the day before. In total, 846 864 shares bought and sold for approximately $3.37 million.

Quick summary:

  • 30 day high of the ARAY stock price was $4.02 and low was $3.50.
  • 90 day high was $4.62 and low was $3.00.
  • 52 week high for the Accuray Incorporated - $5.40 and low - $3.00.
Top Trending Stocks

Trend

Accuray Incorporated has broken the wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is $3.86, a level that may pose a second chance to hit a runner. According to fan-theory $4.46 will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.

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Signals

Only positive signals in the chart today. Accuray Incorporated holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $3.68 and $3.73. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday July 15, 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.

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

RSI14 is 55 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 behavior.

Support & Resistance

Accuray Incorporated finds support from accumulated volume at $3.87.

Support: $3.87 Price: $3.98 Resistance: $4.05

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 $0.22 (5.84%) between high and low. For the last week, the stock has had a daily average volatility of 4.45%.

Our recommended stoploss: $3.81 (-4.27%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 4 days ago.)

4.45 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Buy Candidate Upgraded

Evaluation

Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period.

Weaker Buy Today ARAY ranks #1045 as BUY CANDIDATE #1045 Stronger Buy

Will ARAY stock price go up or down on Mon, 22 Jul 2019?

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