ARCI Forecast and Technical Stock Analysis
Sell candidate since 2019-09-18 Loss -36.36% PDF
Appliance Recycling Centers of America gained 11.50% in the last trading day ( Monday, 14th Oct 2019 ), rising from $2.26 to $2.52 During the day the stock fluctuated 22.14% from a day low at $2.15 to a day high of $2.63. The price has fallen in 7 of the last 10 days and is down by -10% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 58 329 more shares were traded than the day before. In total, 72 998 shares bought and sold for approximately $183 955.00.
- 30 day high of the ARCI stock price was $4.95 and low was $2.00.
- 90 day high was $9.24 and low was $2.00.
- 52 week high for Appliance Recycling Centers of America - $9.56 and low - $0.36.
Appliance Recycling Centers of America lies in the lower of a very wide and falling trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $2.19 will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -18.96% during the next 3 months and, with 90% probability hold a price between $1.78 and $4.36 at the end of this period.
A buy signal was issued from a pivot bottom point on Wednesday October 09, 2019, which indicates further gains until a new top pivot has been found. Appliance Recycling Centers of America has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Appliance Recycling Centers of America holds a buy signal 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 $3.64. On a fall, the stock will find some support from the short-term average at $2.38. 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
The stock currently holds a RSI14 at 17 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.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Appliance Recycling Centers of America finds support from accumulated volume at $2.51.
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 $0.48 between high and low, or 22.14%. For the last week, the stock has had a daily average volatility of 13.36%.
Appliance Recycling Centers of America is oversold on RSI14 (17). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
13.36 %Average volatility
Very Low Low Medium High Very High
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!