COMM Stock Forecast and Technical Analysis
Sell candidate since 2020-02-24 Loss -3.60% PDF
CommScope Holding Company fell by -3.60% in the last day ( Tuesday, 25th Feb 2020 ) from $11.82 to $11.40 and has now fallen 3 days in a row. During the day the stock fluctuated 6.85% from a day low at $11.17 to a day high of $11.93. The price has been going up and down for this period, and there has been a -7.43% loss for the last 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 -1.06 million shares and in total 4.37 million shares bought and sold for approximately $49.80 million.
COMM Stock Price Summary
- 30 day high of the COMM stock price was $14.75 and low was $11.17.
- 90 day high was $15.05 and low was $11.17.
- 52 week high for CommScope Holding Company - $27.00 and low - $9.52.
CommScope Holding Company has broken the wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($12.00) are considered to be a "second chance" to get out. According to the fan-theory $9.49 will represent the new bottom line of the next trend, but it is far too early to say this for certain.
There are few to no technical positive signals at the moment. CommScope Holding Company 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 $13.13 and $13.45. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Friday February 14, 2020, 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.
COMM Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 44 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.
COMM Support & Resistance
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
COMM Stock Risk
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 $0.77 between high and low, or 6.85%. For the last week, the stock has had a daily average volatility of 5.73%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
5.73 %Average volatility
Very Low Low Medium High Very High
|COMM $11.40 ($-0.43 -3.60%)|
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