AXDX Forecast and Technical Stock Analysis
Buy candidate since 2019-09-20 PDF
Accelerate Diagnostics gained 0.52% in the last trading day ( Friday, 20th Sep 2019 ), rising from $21.28 to $21.39 During the day the stock fluctuated 2.66% from a day low at $21.06 to a day high of $21.62. The price has risen in 7 of the last 10 days and is up by 12.28% over the past 2 weeks. Volume fell in the last day by -35 797 shares and in total, 210 181 shares bought and sold for approximately $4.50 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the AXDX stock price was $22.13 and low was $17.34.
- 90 day high was $24.00 and low was $15.60.
- 52 week high for Accelerate Diagnostics - $24.00 and low - $10.23.
Accelerate Diagnostics lies the upper part of a very wide and falling 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 $22.49 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -6.81% during the next 3 months and, with 90% probability hold a price between $14.76 and $20.95 at the end of this period.
Only positive signals in the chart today. Accelerate Diagnostics 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 $20.80 and $18.75. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday September 16, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 68 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
Accelerate Diagnostics finds support from accumulated volume at $21.32.
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 $0.56 between high and low, or 2.66%. For the last week, the stock has had a daily average volatility of 7.43%.
Our recommended stop-loss: $20.57 (-3.85%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 4 days ago.)
7.43 %Average volatility
Very Low Low Medium High Very High
Several short-term signals are positive, despite the stock being in a falling trend, 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.
|AXDX $21.39 ($0.11 0.52%)|
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