Fri 20'th Jul 2018
Cass Information Systems Stock Analysis
Technical stock analysis for Fri 20'th Jul 2018
|Shorts||4.24% ( 2018-06-29 )|
Cass Information Systems gained 0.48% in the last trading day, rising from $70.66 to $71.00 The price has been going up and down for this period, and there has been a -0.18% loss for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 2 698 more shares were traded than the day before. In total, 24 316 shares bought and sold for approximately $1.73 million.
Cass Information Systems lies in the middle of a 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 20.81% during the next 3 months and, with 90% probability hold a price between $82.36 and $94.65 at the end of this period.
Only positive signals in the chart today. Cass Information Systems 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 $70.75 and $68.91. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday July 13, 2018, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSI14 is 66 and the stock is currently not being overbought or oversold
Support & Resistance
Cass Information Systems finds support from accumulated volume at $68.49.
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 $0.97 (1.38%) between high and low. For the last week, the stock has had a daily average volatility of 2.30%.
Our recommended stoploss: $67.09 (-5.50%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 5 days ago.)
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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.Click for Top 5 Buy Candidates
|CASS $71.00 $0.34(0.48%)|
CASS is up $0.34 today, but where's it headed in August?
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