Stronger Sell Today AZN ranks #4104 as SELL CANDIDATE. Weaker Sell
Today AZN ranks #4104 as SELL CANDIDATE.

AZN stock Astrazeneca PLC

AZN stock
Astrazeneca PLC

April 24, 2019
Change 0.08%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Sell
TREND
Hold

MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Social Sentiment for AZN

Today's data is from 2 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.00

Will AZN stock price go up or down on Thu, 25 Apr 2019?

Astrazeneca PLC Forecast and Stock Analysis

Technical AZN stock analysis for April 24, 2019.

Sell candidate since 2019-04-03 Loss -5.77%
Shorts 3.07% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 0.50
ROA 3.58

Astrazeneca PLC gained 0.08% in the last trading day, rising from $38.69 to $38.72 The price has fallen in 7 of the last 10 days and is down by -4.84% for this period. Volume fell in the last day by -0.86 million shares, and in total, 3.94 million shares bought and sold for approximately $152.63 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.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the AZN stock was $38.72. This is 0.08% more than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 0.88% from a day low at $38.58 to a day high of $38.92.

30 day high of the AZN stock price was $43.26 and low was $38.36.
90 day high was $43.30 and low was $35.30.
52 week high for the Astrazeneca PLC - $43.30 and low - $34.38.

Trend

Astrazeneca PLC has broken the wide and weak rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $38.75. A reaction back to this level may hold a second chance to get out before further falls.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Tuesday April 23, 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 may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Astrazeneca PLC 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 $38.98 and $41.19. A break-up above any of these levels will issue buy signals.

The stock had a Golden Star Signal* on Friday July 06, 2018 in the medium-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

The stock currently holds a RSI14 at 18 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of 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 $36.58 and $35.95.

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, Astrazeneca PLC finds support just below today's level at $36.58. If this is broken, then the next support from accumulated volume will be at $35.95 and $35.75.

Support: $36.58 Price: $38.72 Resistance: $39.98

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.34 (0.88%) between high and low. For the last week, the stock has had a daily average volatility of 1.15%.

Astrazeneca PLC is oversold on RSI14 (18). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Overall risk:

Very Low Low Medium High Very High

Evaluation: Sell Candidate

The Astrazeneca PLC stock holds several negative signals and despite the positive trend we believe Astrazeneca PLC will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. We have upgraded our recommendation for this stock since last evaluation from a Strong Sell Candidate to a Sell Candidate.

Stronger Sell Today AZN ranks #4104 as SELL CANDIDATE. Weaker Sell
Today AZN ranks #4104 as SELL CANDIDATE.