Wednesday June 19, 2019 Change 51.91% Price $0.02
Chart period: 2019-03-20 - 2019-06-19
VOLUME
Buy
TREND
Hold
MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will BCCI stock price go up or down on Thu, 20 Jun 2019?

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BARISTAS COFFEE CO Forecast and Stock Analysis

Technical BCCI stock analysis for Wednesday June 19, 2019.

Buy candidate since 2019-06-19


BARISTAS COFFEE CO gained 51.91% in the last trading day ( Wednesday, 19th Jun 2019 ), rising from $0.01 to $0.02 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During day the stock fluctuated 60.29% from a day low at $0.01 to a day high of $0.02. The price has risen in 5 of the last 10 days and is up by 71.55% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 1.19 million more shares were traded than the day before. In total, 1.90 million shares bought and sold for approximately $37 837.70.

Quick summary:

  • 30 day high of the BCCI stock price was $0.02 and low was $0.01.
  • 90 day high was $0.03 and low was $0.01.
  • 52 week high for the BARISTAS COFFEE CO - $0.13 and low - $0.01.

Trend

BARISTAS COFFEE CO has broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is $0.01, a level that may pose a second chance to hit a runner. According to fan-theory $0.02 will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.

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Signals

Only positive signals in the chart today. BARISTAS COFFEE CO holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $0.01 and $0.01. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday June 14, 2019, which indicates further gains until a new top pivot has been found. BARISTAS COFFEE CO has rising volume and follows the last lift in the price. This considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.

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Relative Strength Index (RSI)

RSI14 is 69 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

BARISTAS COFFEE CO finds support from accumulated volume at $0.02.

Support: $0.02 Price: $0.02 Resistance: $0.02

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 $0.01 between high and low, or 60.29%. For the last week, the stock has had a daily average volatility of 26.26%.

Our recommended stoploss: $0.02 (-5.03%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 3 days ago.)

26.26 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

Buy Candidate Upgraded

Will BCCI stock price go up or down on Thu, 20 Jun 2019?

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