CRMT Forecast and Technical Stock Analysis
Buy candidate since 2019-12-02 Gain 0.28% PDF
America fell by -1.51% in the last day ( Monday, 9th Dec 2019 ) from $107.77 to $106.14 During the day the stock fluctuated 3.23% from a day low at $103.91 to a day high of $107.27. The price has fallen in 6 of the last 10 days , but is still up by 4.77% over the past 2 weeks. Volume has increased in the last day by 8 636 shares but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 66 385 shares bought and sold for approximately $7.05 million.
- 30 day high of the CRMT stock price was $110.36 and low was $85.53.
- 90 day high was $110.36 and low was $83.41.
- 52 week high for America - $110.36 and low - $66.26.
America lies in the middle of a 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 14.37% during the next 3 months and, with 90% probability hold a price between $102.79 and $127.12 at the end of this period.
America 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 $106.40. On a fall, the stock will find some support from the long-term average at approximately $96.43. 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 Thursday December 05, 2019, 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
The stock holds a RSI14 at 76 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $99.96 and $99.93.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, America finds support just below today's level at $99.96. If this is broken, then the next support from accumulated volume will be at $99.93 and $90.72.
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 $3.36 between high and low, or 3.23%. For the last week, the stock has had a daily average volatility of 3.08%.
Our recommended stop-loss: $100.75 (-5.08%) (This stock has high daily movements and this gives high risk. The RSI14 is 76 and this increases the risk substantially. There is a buy signal from pivot bottom found 2 days ago.)
3.08 %Average volatility
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|CRMT $106.14 ($-1.63 -1.51%)|
CRMT is down $1.63 today, but where's it headed in 2020?
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