COLL Forecast and Technical Stock Analysis
Sell candidate since 2019-08-23
Collegium Pharmaceutical fell by -3.90% in the last day ( Friday, 23rd Aug 2019 ) from $11.80 to $11.34 and has now fallen 3 days in a row. During the day the stock fluctuated 6.22% from a day low at $11.25 to a day high of $11.95. The price has risen in 6 of the last 10 days and is up by 0.89% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -48 920 shares and in total 134 636 shares bought and sold for approximately $1.53 million.
- 30 day high of the COLL stock price was $12.20 and low was $10.01.
- 90 day high was $13.62 and low was $10.01.
- 52 week high for Collegium Pharmaceutical - $19.83 and low - $10.01.
Collegium Pharmaceutical lies in the middle of a very 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 -6.44% during the next 3 months and, with 90% probability hold a price between $9.19 and $11.99 at the end of this period.
Collegium Pharmaceutical holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $11.58. On a fall, the stock will find some support from the long-term average at approximately $11.15. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Wednesday August 21, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 60 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
Collegium Pharmaceutical finds support from accumulated volume at $11.24.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.70 between high and low, or 6.22%. For the last week, the stock has had a daily average volatility of 4.22%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
4.22 %Average volatility
Very Low Low Medium High Very High
Collegium Pharmaceutical holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.
|COLL $11.34 ($-0.46 -3.90%)|
COLL is down $0.46 today, but where's it headed in 2019?
|Zacks Investment Research is releasing its prediction for COLL based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the COLL analysis is free »
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!