Stronger Sell Today ATHX ranks #3422 as SELL CANDIDATE. Weaker Sell
Today ATHX ranks #3422 as SELL CANDIDATE.

ATHX stock Athersys

ATHX stock
Athersys

March 22, 2019
Change -6.17%
Chart period: 2018-12-24 - 2019-03-22
VOLUME
Sell
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

Will ATHX stock price go up or down on Mon, 25 Mar 2019?

Athersys Forecast and Stock Analysis

Technical ATHX stock analysis for March 22, 2019.

Sell candidate since 2019-03-22
Shorts n/a
Cash n/a
Loans n/a
Beta 0.47
ROA -50.95

Athersys fell by -6.17% in the last day from $1.62 to $1.52 The price has risen in 7 of the last 10 days and is up by 0.66% 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 -416 497 shares and in total 727 531 shares bought and sold for approximately $1.11 million.

Close price at the end of the last trading day (Friday, 22nd Mar 2019) of the ATHX stock was $1.52. This is 6.17% less than the trading day before Thursday, 21st Mar 2019.

During day the stock fluctuated 11.42% from a day low at $1.51 to a day high of $1.68.

30 day high of the ATHX stock price was $1.69 and low was $1.46.
90 day high was $1.77 and low was $1.36.
52 week high for the Athersys - $3.09 and low - $1.36.

Trend

Athersys lies in the middle of a 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 3.97% during the next 3 months and, with 90% probability hold a price between $1.49 and $1.82 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. Athersys holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $1.55 and $1.54. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Thursday March 21, 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.

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Relative Strength Index (RSI)

RSI14 is 47 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Athersys finds support from accumulated volume at $1.51.

Support: $1.51 Price: $1.52 Resistance: $1.56

Risk

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

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Evaluation: Sell Candidate

The Athersys stock holds several negative signals and despite the positive trend we believe Athersys will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Strong Buy Candidate to a Sell Candidate.

Stronger Sell Today ATHX ranks #3422 as SELL CANDIDATE. Weaker Sell
Today ATHX ranks #3422 as SELL CANDIDATE.