Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU
Wednesday June 26, 2019 Change -0.49% Price $40.78
Chart period: 2019-03-27 - 2019-06-26
VOLUME
Buy
TREND
Buy
MV LONG
Sell

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

Will ATRO stock price go up or down on Thu, 27 Jun 2019?

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Astronics Corporation Forecast and Stock Analysis

Technical ATRO stock analysis for Wednesday June 26, 2019.

Sell candidate since 2019-06-26


Astronics Corporation fell by -0.49% in the last day ( Wednesday, 26th Jun 2019 ) from $40.98 to $40.78 During day the stock fluctuated 1.69% from a day low at $40.76 to a day high of $41.45. The price has been going up and down for this period, and there has been a -5.93% loss for the last 2 weeks. Volume has increased in the last day by 138 149 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 367 628 shares bought and sold for approximately $14.99 million.

Quick summary:

  • 30 day high of the ATRO stock price was $44.34 and low was $37.55.
  • 90 day high was $44.34 and low was $30.49.
  • 52 week high for the Astronics Corporation - $46.56 and low - $27.56.

Trend

Astronics Corporation 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 $39.60 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 34.68% during the next 3 months and, with 90% probability hold a price between $53.34 and $64.38 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. Astronics Corporation 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 $41.10. On a fall, the stock will find some support from the short-term average at $39.72. 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. A sales signal was issued from a pivot top point on Tuesday June 25, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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Relative Strength Index (RSI)

RSI14 is 37 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Astronics Corporation finds support from accumulated volume at $39.49.

Support: $39.49 Price: $40.78 Resistance: $41.39

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 $0.69 between high and low, or 1.69%. For the last week, the stock has had a daily average volatility of 3.41%.

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

3.41 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

The Astronics Corporation stock holds several negative signals and despite the positive trend we believe Astronics Corporation 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 Hold/Accumulate to a Sell Candidate.

Sell Candidate Downgraded
Stronger Sell Today ATRO ranks #4934 as SELL CANDIDATE #4934 Weaker Sell

Will ATRO stock price go up or down on Thu, 27 Jun 2019?

Predict

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