Autohome Inc Stock Analysis
Technical stock analysis for 22 January 2019
|Shorts||5.87% ( 2018-12-31 )|
Autohome Inc gained 1.84% in the last trading day, rising from $72.64 to $73.98 , and has now gained 6 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. The price has risen in 7 of the last 10 days , but is still down by -5.48% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.16 million more shares were traded than the day before. In total, 1.13 million shares bought and sold for approximately $83.68 million.
Close price at the end of the last trading day (Tuesday, 22nd Jan 2019) of the ATHM stock was $73.98. This is 1.84% more than the trading day before Friday, 18th Jan 2019.
During day the stock fluctuated 5.46% from a day low at $71.12 to a day high of $75.00.
30 day high of the ATHM stock price was $83.77 and low was $66.60.
90 day high was $94.49 and low was $61.43.
52 week high for the Autohome Inc - $119.50 and low - $61.43.
Autohome Inc lies in the middle of a very wide and 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 6.08% during the next 3 months and, with 90% probability hold a price between $72.08 and $101.23 at the end of this period.
A buy signal was issued from a pivot bottom point on Monday January 14, 2019, which indicates further gains until a new top pivot has been found. 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. Autohome Inc holds a buysignal 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 $79.95. On a fall, the stock will find some support from the short-term average at $71.64. 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.
Relative Strength Index (RSI)
RSI14 is 44 and the stock is currently not being overbought or oversold
Support & Resistance
Autohome Inc finds support from accumulated volume at $71.50.
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 $3.88 between high and low, or 5.46%. For the last week, the stock has had a daily average volatility of 4.47%.
Since the Autohome Inc has been rising for 6 days in a row, the risk for the next couple of days has increased.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
Very Low Low Medium High Very High
Autohome Inc 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.
|ATHM $73.98 $1.34(1.84%)|
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