Friday June 14, 2019 Change 1.69% Price $1.20
Chart period: 2019-03-15 - 2019-06-14
VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Social Sentiment for ASCMA

Today's data is from 1 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.00

Will ASCMA stock price go up or down on Mon, 17 Jun 2019?

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Ascent Capital Group Forecast and Stock Analysis

Technical ASCMA stock analysis for Friday June 14, 2019.

Buy candidate since 2019-06-06 Loss -3.23%


Ascent Capital Group gained 1.69% in the last trading day ( Friday, 14th Jun 2019 ), rising from $1.18 to $1.20 During day the stock fluctuated 3.82% from a day low at $1.16 to a day high of $1.20. The price has fallen in 5 of the last 10 days and is down by -4.76% for this period. Volume fell in the last day by -34 462 shares, and in total, 12 327 shares bought and sold for approximately $14 792.40. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Quick summary:

  • 30 day high of the ASCMA stock price was $1.76 and low was $0.55.
  • 90 day high was $1.76 and low was $0.53.
  • 52 week high for the Ascent Capital Group - $4.16 and low - $0.25.

Trend

Ascent Capital Group lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 76.15% during the next 3 months and, with 90% probability hold a price between $1.45 and $2.71 at the end of this period.

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Signals

Ascent Capital Group holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $1.21. On a fall, the stock will find some support from the long-term average at approximately $0.96. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Wednesday June 05, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

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Relative Strength Index (RSI)

RSI14 is 48 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Ascent Capital Group finds support from accumulated volume at $1.18.

Support: $1.18 Price: $1.20 Resistance: $1.27

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.04 between high and low, or 3.82%. For the last week the stock has had a daily average volatility of 3.63%.

Our recommended stoploss: $1.12 (-6.72%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 7 days ago.)

3.63 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

Buy Candidate Upgraded

Will ASCMA stock price go up or down on Mon, 17 Jun 2019?

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