Cass Information Systems Forecast and Stock Analysis
Technical CASS stock analysis for Monday June 17, 2019.
Cass Information Systems gained 0.31% in the last trading day ( Monday, 17th Jun 2019 ), rising from $45.07 to $45.21 During day the stock fluctuated 0.88% from a day low at $44.82 to a day high of $45.22. The price has been going up and down for this period, and there has been a 0.47% gain 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, 22 754 more shares were traded than the day before. In total, 47 773 shares bought and sold for approximately $2.16 million.
- 30 day high of the CASS stock price was $46.42 and low was $44.50.
- 90 day high was $50.76 and low was $44.35.
- 52 week high for the Cass Information Systems - $74.49 and low - $44.35.
Cass Information Systems lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -5.45% during the next 3 months and, with 90% probability hold a price between $40.58 and $46.28 at the end of this period.
A buy signal was issued from a pivot bottom point on Wednesday June 05, 2019, 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. Cass Information Systems 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 $45.32 and $46.38. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSI14 is 46 and the stock is currently not being overbought or oversold
Support & Resistance
Cass Information Systems finds support from accumulated volume at $45.07.
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 $0.40 (0.88%) between high and low. For the last week, the stock has had a daily average volatility of 1.37%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
1.37 %Average volatility
Very Low Low Medium High Very High
Cass Information Systems holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
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|CASS $45.21 ($0.14 0.31%)|
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