ATEC Forecast and Technical Stock Analysis
Buy candidate since 2019-08-14 Gain 4.73%
Alphatec Holdings gained 3.16% in the last trading day ( Monday, 19th Aug 2019 ), rising from $6.01 to $6.20 , 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 4.49% from a day low at $6.02 to a day high of $6.29. The price has risen in 7 of the last 10 days and is up by 19.69% over the past 2 weeks. Volume fell in the last day by -42 365 shares and in total, 425 549 shares bought and sold for approximately $2.64 million. 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 ATEC stock price was $6.35 and low was $4.40.
- 90 day high was $6.35 and low was $3.60.
- 52 week high for Alphatec Holdings - $6.35 and low - $1.18.
Alphatec Holdings lies in the upper part of a very wide and strong rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $6.36 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 39.16% during the next 3 months and, with 90% probability hold a price between $6.92 and $8.85 at the end of this period.
Only positive signals in the chart today. Alphatec Holdings 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 $6.02 and $5.01. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday August 15, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
* 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 - 80 ]
RSI14 is 70 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
On the downside, the stock finds support just below today's level from accumulated volume at $5.87 and $5.04.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Alphatec Holdings finds support just below today's level at $5.87. If this is broken, then the next support from accumulated volume will be at $5.04 and $4.70.
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 $0.27 between high and low, or 4.49%. For the last week, the stock has had a daily average volatility of 6.99%.
Our recommended stop-loss: $5.93 (-4.33%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 2 days ago.)
6.99 %Average volatility
Very Low Low Medium High Very High
|ATEC $6.20 ($0.19 3.16%)|
ATEC is up $0.19 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!