Bullish vs. Bearish (7 opinions)
Social Sentiment 0.00
ASRV Forecast and Technical Stock Analysis
Buy candidate since 2019-10-11 Gain 0.48% PDF
AmeriServ Financial Inc. gained 0.48% in the last trading day ( Monday, 14th Oct 2019 ), rising from $4.15 to $4.17 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 0.97% from a day low at $4.13 to a day high of $4.17. The price has risen in 5 of the last 10 days and is up by 0.72% over the past 2 weeks. Volume fell in the last day by -4 724 shares and in total, 554 shares bought and sold for approximately $2 310.18. 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.
- 30 day high of the ASRV stock price was $4.20 and low was $4.11.
- 90 day high was $4.25 and low was $4.10.
- 52 week high for AmeriServ Financial Inc. - $4.46 and low - $3.92.
AmeriServ Financial Inc. is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect AmeriServ Financial Inc. with a 90% probability to be traded between $4.15 and $4.29 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
AmeriServ Financial Inc. holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $4.14 and $4.16. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday September 27, 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.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 50 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
AmeriServ Financial Inc. finds support from accumulated volume at $4.15.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: $3.95 (-5.35%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 11 days ago.)
0.92 %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!