ASR Forecast and Technical Stock Analysis
Sell candidate since 2019-07-18 Loss -13.02%
Grupo Aeroportuario del Sureste SA de CV gained 1.06% in the last trading day ( Tuesday, 20th Aug 2019 ), rising from $139.97 to $141.45 During the day the stock fluctuated 3.40% from a day low at $138.90 to a day high of $143.62. The price has risen in 6 of the last 10 days , but is still down by -2.81% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 555 more shares were traded than the day before. In total, 122 952 shares bought and sold for approximately $17.39 million.
- 30 day high of the ASR stock price was $164.48 and low was $137.06.
- 90 day high was $172.01 and low was $137.06.
- 52 week high for Grupo Aeroportuario del Sureste SA de CV - $212.70 and low - $127.95.
Grupo Aeroportuario del Sureste SA de CV 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 -12.21% during the next 3 months and, with 90% probability hold a price between $119.59 and $137.62 at the end of this period.
Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Grupo Aeroportuario del Sureste SA de CV 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 $154.00. On a fall, the stock will find some support from the short-term average at $141.14. 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 26 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
Grupo Aeroportuario del Sureste SA de CV finds support from accumulated volume at $139.97.
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 $4.72 between high and low, or 3.40%. For the last week, the stock has had a daily average volatility of 2.78%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.78 %Average volatility
Very Low Low Medium High Very High
Grupo Aeroportuario del Sureste SA de CV 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. We have upgraded our recommendation for this stock since last evaluation from a Strong Sell Candidate to a Sell Candidate.
|ASR $141.45 ($1.48 1.06%)|
ASR is up $1.48 today, but where's it headed in 2019?
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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!