Bullish vs. Bearish (4137 opinions)
Social Sentiment 0.04
AYTU Stock Forecast and Technical Analysis
Buy or Hold candidate since 2020-03-12 Loss -18.48% PDF
Aytu Bioscience fell by -10.71% in the last day ( Tuesday, 31st Mar 2020 ) from $1.68 to $1.50 and has now fallen 3 days in a row. During the day the stock fluctuated 11.97% from a day low at $1.42 to a day high of $1.59. The price has fallen in 6 of the last 10 days and is down by -3.23% for this period. 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 -7.01 million shares and in total 14.95 million shares bought and sold for approximately $22.43 million.
AYTU Stock Price Summary
- 30 day high of the AYTU stock price was $2.99 and low was $0.34.
- 90 day high was $2.99 and low was $0.34.
- 52 week high for Aytu Bioscience - $2.99 and low - $0.34.
Aytu Bioscience lies in the middle of a very 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 52.16% during the next 3 months and, with 90% probability hold a price between $0.84 and $3.41 at the end of this period.
Aytu Bioscience 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 $1.73. On a fall, the stock will find some support from the long-term average at approximately $1.08. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday March 24, 2020, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
AYTU Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 80 ]
RSI14 is 52 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.
AYTU Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $1.35 and $1.30.
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, Aytu Bioscience finds support just below today's level at $1.35. If this is broken, then the next support from accumulated volume will be at $1.30 and $1.15.
AYTU Stock 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 $0.17 between high and low, or 11.97%. For the last week, the stock has had a daily average volatility of 11.76%.
Our recommended stop-loss: $1.41 (-5.96%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from pivot top found 5 day(s) ago.)
11.76 %Average volatility
Very Low Low Medium High Very High
AYTU Stock 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.
The general sentiment holds a neutral evaluation of the stock right now. The sentiment is based upon 4137 votes on StockTwits.
|AYTU $1.50 ($-0.18 -10.71%)|
AYTU is down $0.18 today, but where's it headed in 2020?
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