Stronger Sell Today BSTI ranks #3772 as SELL CANDIDATE. Weaker Sell
Today BSTI ranks #3772 as SELL CANDIDATE.

BSTI stock BEST Inc. American Depositary Shares each representing one Class A

BSTI stock
BEST Inc. American Depositary Shares each representing one Class A

March 21, 2019
Change 4.18%
Chart period: 2018-12-24 - 2019-03-21
VOLUME
Sell
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Will BSTI stock price go up or down on Fri, 22 Mar 2019?

Our Evaluation:

Stop-Loss: N/A Risk: High

Evaluation: We hold a sell evaluation for this stock. No stop-loss set.

Pivot Evaluation:

Fair price March 22, 2019 - $4.98

Current price: $4.99 ( Overvalued )

Fibonacci

Using the Fibonacci method to find support & resistance
Level Price Change
R3 5.36 7.35 %
R2 5.21 4.44 %
R1 5.12 2.64 %
Current price: 4.99 0 %
S1 4.83 -3.18 %
S2 4.74 -4.97 %
S3 4.60 -7.88 %

Accumulated Volume

Using accumulated volume to find support & resistance
Level Price Chg %
R3 6.23 24.85 %
R2 5.60 12.22 %
R1 5.24 5.01 %
Current price 4.99 0 %
S1 4.96 -0.60%
S2 4.79 -4.01%
S3 4.11 -17.64%

About Support and resistance

There are many factors used to determine support and resistance. The most common are:

  • Trend
  • Moving averages
  • Round numbers
  • Previous tops and bottoms
  • Accumulated volume

You may discuss what is the best, but by looking at the chart you will be able to get a more visual expression. Any support or resistance is weakened or strengthened by divergence in volume. If price is falling on high volume support levels may be broken easier. The same if price is rising on low volume, the resistance may be harder to break.