Fri 20'th Apr 2018
Capstone Turbine Corporation Stock Analysis
Technical stock analysis for Fri 20'th Apr 2018
Capstone Turbine Corporation gained 0.67% in the last trading day, rising from $1.49 to $1.50 The price has been going up and down for this period, and there has been a 4.17% gain for the last 2 weeks. Volume fell in the last day by -215 586 shares, and in total, 590 612 shares bought and sold for approximately $885 918. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
|Shorts||3.84% ( 2018-03-29 )|
Capstone Turbine Corporation lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 88.12% during the next 3 months and, with 90% probability hold a price between $2.49 and $3.59 at the end of this period.
Capstone Turbine Corporation 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 $1.59. On a fall, the stock will find some support from the long-term average at approximately $1.23. 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. A buy signal was issued from a pivot bottom point on Monday April 16, 2018, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Relative Strength Index (RSI)
RSI14 is 62 and the stock is currently not being overbought or oversold
Support & Resistance
Capstone Turbine Corporation finds support from accumulated volume at $1.47. On the upside the stock meets some resistance just above today's level from accumulated volume at $1.51, $1.65 and $1.82.
The stock is about to test the resistance from accumulated volume at $1.51 and this may cause the stock to take a minor break or get into a more sideways move for a few days.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.09 between high and low, or 6.34%. For the last week the stock has had a daily average volatility of 12.25%.
Our recommended stoploss: $1.40 (-6.41%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 4 days ago.)
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