CSH.L Forecast and Technical Stock Analysis
Hold candidate since 2019-08-19
Cash America International, Inc gained 2.30% in the last trading day ( Monday, 19th Aug 2019 ), rising from £0.83 to £0.84 During the day the stock fluctuated 4.61% from a day low at £0.82 to a day high of £0.86. The price has risen in 6 of the last 10 days and is up by 5.24% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 207 397 more shares were traded than the day before. In total, 748 524 shares bought and sold for approximately £631 754.00.
- 30 day high of the CSH.L stock price was £0.86 and low was £0.79.
- 90 day high was £0.89 and low was £0.76.
- 52 week high for Cash America International, Inc - £107.50 and low - £0.76.
Cash America International, Inc is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Cash America International, Inc with a 90% probability to be traded between £0.79 and £0.90 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Cash America International, Inc holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at £0.83 and £0.84. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday August 05, 2019, which indicates further gains until a new top pivot has been found. Cash America International, Inc has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.
Relative Strength Index (RSI)
RSImin/max Values: [ 15 - 80 ]
RSI14 is 49 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
Cash America International, Inc finds support from accumulated volume at £0.83.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £0.04 (4.61%) between high and low. For the last week, the stock has had daily average volatility of 3.01%.
Our recommended stop-loss: £0.80 (-5.21%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 10 days ago.)
3.01 %Average volatility
Very Low Low Medium High Very High
Cash America International, Inc holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level, we recommend to hold or accumulate in this position whilst awaiting further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.
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!