Friday May 17, 2019 Change -2.96% Price $1.97
Chart period: 2019-02-19 - 2019-05-17
VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Social Sentiment for ATHX

Today's data is from 1 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.90

Will ATHX stock price go up or down on Mon, 20 May 2019?

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Athersys Forecast and Stock Analysis

Technical ATHX stock analysis for Friday May 17, 2019.

Buy candidate since 2019-05-17
Shorts n/a
Insider % n/a
Institutional % 33.40%
Beta 1.37
ROA -47.34%
Price to book USD 8.02
P/E Ratio -10.46
Next Earnings Date 2019-08-04


Athersys fell by -2.96% in the last day ( Friday, 17th May 2019 ) from $2.03 to $1.97 During day the stock fluctuated 8.29% from a day low at $1.87 to a day high of $2.03. The price has risen in 6 of the last 10 days and is up by 27.1% 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 -0.59 million shares and in total 1.37 million shares bought and sold for approximately $2.70 million.

Quick summary:

  • 30 day high of the ATHX stock price was $2.03 and low was $1.35.
  • 90 day high was $2.03 and low was $1.35.
  • 52 week high for the Athersys - $3.09 and low - $1.35.

Trend

Athersys lies in the upper part of a very wide and weak 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 $2.03 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 9.56% during the next 3 months and, with 90% probability hold a price between $1.59 and $2.23 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Athersys 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 $1.79 and $1.57. 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 Thursday May 16, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

The stock had a Golden Star Signal* on Friday May 03, 2019 in the medium-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

Relative Strength Index (RSI)

RSI14 is 69 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $1.80 and $1.60.

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, Athersys finds support just below today's level at $1.80. If this is broken, then the next support from accumulated volume will be at $1.60 and $1.51.

Support: $1.80 Price: $1.97 Resistance: $2.03

Risk

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 $0.16 between high and low, or 8.29%. For the last week, the stock has had a daily average volatility of 8.66%.

Our recommended stoploss: $1.86 (-5.79%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from pivot top found 1 days ago.)

8.66 %

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. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

Buy Candidate Upgraded
Weaker Buy Today ATHX ranks #706 as BUY CANDIDATE #706 Stronger Buy
ATHX $1.97 ($-0.06 -2.96%)
ATHX is down $0.06 today, but where's it headed in 2019?
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This report is free today for StockInvest.us readers.

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Will ATHX stock price go up or down
on Mon, 20 May 2019?

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