ASPS Forecast and Technical Stock Analysis
Sell candidate since 2019-08-19
Altisource Portfolio Solutions S.A. fell by -0.31% in the last day ( Monday, 19th Aug 2019 ) from $19.52 to $19.46 During the day the stock fluctuated 3.20% from a day low at $19.39 to a day high of $20.01. The price has risen in 7 of the last 10 days and is up by 2.21% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -21 152 shares and in total 44 700 shares bought and sold for approximately $869 862.00.
- 30 day high of the ASPS stock price was $21.67 and low was $18.33.
- 90 day high was $23.30 and low was $18.31.
- 52 week high for Altisource Portfolio Solutions S.A. - $37.86 and low - $18.31.
Altisource Portfolio Solutions S.A. lies in the middle of a 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 -3.00% during the next 3 months and, with 90% probability hold a price between $17.43 and $20.94 at the end of this period.
Some negative signals were issued as well, and these may have some influence on the near short-term development. Altisource Portfolio Solutions S.A. 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 $20.40. On a fall, the stock will find some support from the short-term average at $19.28. 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. A sales signal was issued from a pivot top point on Friday August 16, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 36 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
Altisource Portfolio Solutions S.A. finds support from accumulated volume at $19.28.
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 $0.62 between high and low, or 3.20%. For the last week the stock has had a daily average volatility of 3.60%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
3.60 %Average volatility
Very Low Low Medium High Very High
Altisource Portfolio Solutions S.A. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.
|ASPS $19.46 ($-0.06 -0.31%)|
ASPS is down $0.06 today, but where's it headed in 2019?
|Zacks Investment Research is releasing its prediction for ASPS 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 ASPS 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!