Friday June 14, 2019 Change -0.28% Price $7.17
Chart period: 2019-03-15 - 2019-06-14
VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

Social Sentiment for ATAX

Today's data is from 1 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.70

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

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America First Multifamily Investors Forecast and Stock Analysis

Technical ATAX stock analysis for Friday June 14, 2019.

Buy candidate since 2019-06-05 Gain 1.27%


America First Multifamily Investors fell by -0.28% in the last day ( Friday, 14th Jun 2019 ) from $7.19 to $7.17 During day the stock fluctuated 0.98% from a day low at $7.12 to a day high of $7.19. The price has risen in 7 of the last 10 days and is up by 1.41% 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 -98 718 shares and in total 128 959 shares bought and sold for approximately $924 636.00.

Quick summary:

  • 30 day high of the ATAX stock price was $7.20 and low was $6.98.
  • 90 day high was $7.24 and low was $6.67.
  • 52 week high for the America First Multifamily Investors - $7.24 and low - $5.17.

Trend

America First Multifamily Investors lies in the middle of a weak 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 6.17% during the next 3 months and, with 90% probability hold a price between $7.28 and $7.85 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

America First Multifamily Investors holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $7.16 and $7.06. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday June 11, 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.

The stock had a Golden Star Signal* on Thursday April 25, 2019 in the short-term chart.

* 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.

Access today's Top 5 Golden Star Companies

A buy signal from a double bottom formation was found on Tuesday June 04, 2019 with a target of $7.15. Despite the objective of the signal formation has been reached the stock may continue to perform well.

Relative Strength Index (RSI)

RSI14 is 56 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

America First Multifamily Investors finds support from accumulated volume at $7.09.

Support: $7.09 Price: $7.17 Resistance: $7.18

Risk

In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.

Our recommended stoploss: $6.88 (-4.11%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 3 days ago.)

1.15 %

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 Downgraded

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

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