American Railcar Industries Fund Forecast

American Railcar Industries fund price ended at $69.97 on Friday, after losing 0%.
(Updated on Jan 18, 2019)

ARII Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The American Railcar Industries fund holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell 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 $69.97 and $69.99. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, November 06, 2018, and so far it has fallen -0.710%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for American Railcar Industries fund

American Railcar Industries finds support from accumulated volume at $69.92 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%

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

Trading Expectations (ARII) For The Upcoming Trading Day Of Tuesday 22nd

For the upcoming trading day on Tuesday, 22nd we expect American Railcar Industries to open at $69.97, and during the day (based on 14 day Average True Range), to move between $69.89 and $70.05, which gives a possible trading interval of +/-$0.0831 (+/-0.12%) up or down from last closing price. If American Railcar Industries takes out the full calculated possible swing range there will be an estimated 0.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $70.00 (0.04%) than the support at $69.92 (0.07%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is American Railcar Industries fund A Buy?

The American Railcar Industries fund holds several negative signals and despite the positive trend, we believe American Railcar Industries will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this fund.

Current score: -3.450 Sell Candidate Unchanged

Predicted Opening Price for American Railcar Industries of Tuesday, January 22, 2019

The predicted opening price is based on yesterday's movements between high, low, and closing price.