COL - Rockwell Collins Inc Tue 24'th Jan 2017
Stock analysis for Tue 24'th Jan 2017 (Updated daily)
Buy candidate since 2017-01-24
Rockwell Collins Inc Stock Analysis
Rockwell Collins Inc gained 0.18% in the last trading day, rising from USD 90.71 to USD 90.87. The price has fallen in 8 of the last 10 days and is down by -0.99% for this period. Volume fell in the last day by -0.18 million shares and ,in total, 1.25 million shares bought and sold for approximately USD 114 million. You should note that falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
Rockwell Collins Inc lies in the lower part of a wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at USD 89.70 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 10.8% during the next 3 months and, with 90% probability hold a price between USD 99.38 and USD 112.73 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday January 19, 2017, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Rockwell Collins Inc holds a buysignal 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 salessignal in the stock. On further gains, the stock will meet resistance from the long-term moving average at USD 92.82. On a fall, the stock will find some support from the short-term average at USD 90.20. 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)
RSI14 is 36 and the stock is currently not being overbought or oversold
Support & Resistance
Rockwell Collins Inc finds support from accumulated volume at USD 89.21, USD 81.40, and USD 80.00. On the upside the stock meets some resistance just above today's level from accumulated volume at USD 90.90, USD 91.40 and USD 96.07.
The stock is about to test the resistance from accumulated volume at USD 90.90 and this may cause the stock to take a minor break or get into a more sideways move for a few days.
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 USD 0.62 (0.69%) between high and low. For the last week, the stock has had a daily average volatility of 1.70%.
Our recommended stoploss: USD 87.68 (-3.51%) ( criteria: risk and closeness to support from trendline.)
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. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.