CEL-SCI Corporation Stock Analysis
Technical stock analysis for Tue 11'th Dec 2018
|Shorts||6.11% ( 2018-11-15 )|
CEL-SCI Corporation gained 1.58% in the last trading day, rising from $3.16 to $3.21 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 20 055 more shares were traded than the day before. In total, 228 893 shares bought and sold for approximately $734 746.00.
CEL-SCI Corporation lies the upper part of a very wide and falling trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $3.46 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -22.61% during the next 3 months and, with 90% probability hold a price between $1.68 and $2.68 at the end of this period.
Only positive signals in the chart today. CEL-SCI 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 $3.22. On a fall, the stock will find some support from the long-term average at approximately $3.06. 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 Friday December 07, 2018, which indicates further gains until a new top pivot has been found. CEL-SCI Corporation 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)
RSI14 is 64 and the stock is currently not being overbought or oversold
Support & Resistance
CEL-SCI Corporation finds support from accumulated volume at $3.16.
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 $0.12 between high and low, or 3.77%. For the last week, the stock has had a daily average volatility of 6.24%.
Our recommended stoploss: $3.05 (-5.10%) (This stock has high daily movements and this gives high risk. There is a buy signal from pivot bottom found 2 days ago.)
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Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.
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