CCF Forecast and Technical Stock Analysis
Sell candidate since 2019-08-09 Gain 0.30%
Chase Corp gained 0.40% in the last trading day ( Monday, 19th Aug 2019 ), rising from $98.98 to $99.38 , and has now gained 3 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 the day the stock fluctuated 2.17% from a day low at $98.15 to a day high of $100.28. The price has been going up and down for this period, and there has been a 1.72% 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, 11 359 more shares were traded than the day before. In total, 32 959 shares bought and sold for approximately $3.28 million.
- 30 day high of the CCF stock price was $105.50 and low was $95.99.
- 90 day high was $112.53 and low was $95.99.
- 52 week high for Chase Corp - $131.70 and low - $80.51.
Chase Corp 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 -4.64% during the next 3 months and, with 90% probability hold a price between $92.38 and $102.34 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday August 15, 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. Chase Corp holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $101.87. On a fall, the stock will find some support from the short-term average at $98.63. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 43 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Chase Corp finds support from accumulated volume at $98.98.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.13 (2.17%) between high and low. For the last week, the stock has had daily average volatility of 2.48%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.48 %Average volatility
Very Low Low Medium High Very High
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!