Wednesday June 19, 2019 Change 0.00% Price £122.00
Chart period: 2019-03-20 - 2019-06-19
VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Sell

PIVOT
Buy

MACD
Buy

Will AUG.L stock price go up or down on Thu, 20 Jun 2019?

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Auryn Resources Inc Forecast and Stock Analysis

Technical AUG.L stock analysis for Wednesday June 19, 2019.

Buy candidate since 2019-06-12 Loss -1.21%


No changes to the price of Auryn Resources Inc in the last trading day ( Wednesday, 19th Jun 2019 ). During day the stock fluctuated 0.00% from a day low at £122.00 to a day high of £122.00. The price has been going up and down for this period, and there has been a 6.09% gain for the last 2 weeks.

Quick summary:

  • 30 day high of the AUG.L stock price was £128.50 and low was £100.00.
  • 90 day high was £128.50 and low was £86.50.
  • 52 week high for the Auryn Resources Inc - £128.50 and low - £0.70.

Trend

Auryn Resources Inc lies in the middle of a wide and strong 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 26.18% during the next 3 months and, with 90% probability hold a price between £135.33 and £166.44 at the end of this period.

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Signals

Auryn Resources Inc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately £123.79. On a fall, the stock will find some support from the long-term average at approximately £111.77. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Tuesday June 18, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point".

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Relative Strength Index (RSI)

The stock holds a RSI14 at 72 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

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 £107.00 and £100.00.

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, Auryn Resources Inc finds support just below today's level at £107.00. If this is broken, then the next support from accumulated volume will be at £100.00 and £92.50.

Support: £107.00 Price: £122.00 Resistance: £123.50

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved £0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 0.25%.

Our recommended stoploss: £114.19 (-6.40%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 72 and this increases the risk substantially. There is a buy signal from pivot bottom found 1 days ago.)

0.25 %

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.

Buy Candidate Upgraded
Weaker Buy Today AUG.L ranks #1202 as BUY CANDIDATE #1202 Stronger Buy

Will AUG.L stock price go up or down on Thu, 20 Jun 2019?

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