VOLUME
Buy
TREND
Buy
MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Buy

ATM.L Forecast and Technical Stock Analysis

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Buy candidate since 2019-07-17

No changes to the price of Afritin Mining Limited in the last trading day ( Friday, 19th Jul 2019 ). During the day the stock fluctuated 3.03% from a day low at £0.03 to a day high of £0.03. The price has been going up and down for this period, and there has been a -1.45% loss for the last 2 weeks.

Quick summary:

  • 30 day high of the ATM.L stock price was £0.04 and low was £0.03.
  • 90 day high was £0.04 and low was £0.03.
  • 52 week high for Afritin Mining Limited - £4.35 and low - £0.03.
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Trend

Afritin Mining Limited lies in the lower part of a wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at £0.03 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 10.99% during the next 3 months and, with 90% probability hold a price between £0.04 and £0.04 at the end of this period.

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Signals

Afritin Mining Limited holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at £0.03 and £0.03. A break-up above any of these levels will issue buy signals. Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Monday July 15, 2019, which indicates further gains until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Relative Strength Index (RSI)

RSImin/max Values: [ 15 - 85 ]

RSI14 is 50 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

Afritin Mining Limited finds support from accumulated volume at £0.03.

Support: £0.03 Price: £0.03 Resistance: £0.03

Risk

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £0.00 (3.03%) between high and low. For the last week, the stock has had daily average volatility of 3.26%.

Our recommended stop-loss: £0.03 (-6.17%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 4 days ago.)

3.26 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Buy Candidate Downgraded

Evaluation

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, for the wholesome period, we think that today's level holds a possible buying-opportunity and that the price will be higher during or at the end of this 3-month period.

Will ATM.L stock price go up or down on Tue, 23 Jul 2019?

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