Tue 23'rd May 2017
CEL-SCI Corporation Stock Analysis
Technical stock analysis for Tue 23'rd May 2017
Sell candidate since 2017-05-23 Loss -0.36%
CEL-SCI 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 12.8% during the next 3 months and, with 90% probability hold a price between USD 0.10 and USD 0.15 at the end of this period.
CEL-SCI Corporation holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at USD 0.11 and USD 0.10. A break down below any of these levels will issue sell signals. 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 Monday May 22, 2017, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Relative Strength Index (RSI)
RSI14 is 51 and the stock is currently not being overbought or oversold
Support & Resistance
CEL-SCI Corporation finds support from accumulated volume at USD 0.11, USD 0.10, and USD 0.09. On the upside the stock meets some resistance from accumulated volume at USD 0.12, USD 0.12 and USD 0.12.
This stock may move much during a day (volatility) and with periodic low trading volume this stockstock is considered to be "high risk". During the last day, the stock moved USD 0.01 between high and low, or 13.21%. For the last week the stock has had a daily average volatility of 11.15%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
CEL-SCI Corporation 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.