Cybergy Holdings Inc Forecast and Stock Analysis
Technical CYBG.L stock analysis for February 15, 2019.
Cybergy Holdings Inc gained 0.11% in the last trading day, rising from £189.30 to £189.50 The price has fallen in 5 of the last 10 days , but is still up by 8.1% 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, 1.37 million more shares were traded than the day before. In total, 3.63 million shares bought and sold for approximately £688.54 million.
Close price at the end of the last trading day (Friday, 15th Feb 2019) of the CYBG.L stock was £189.50. This is 0.11% more than the trading day before Thursday, 14th Feb 2019.
During day the stock fluctuated 2.75% from a day low at £185.20 to a day high of £190.30.
30 day high of the CYBG.L stock price was £206.20 and low was £172.10.
90 day high was £257.60 and low was £172.10.
52 week high for the Cybergy Holdings Inc - £367.00 and low - £172.10.
Cybergy Holdings Inc lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -10.14% during the next 3 months and, with 90% probability hold a price between £145.83 and £180.87 at the end of this period.
Only positive signals in the chart today. Cybergy Holdings Inc 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 £192.56. On a fall, the stock will find some support from the long-term average at approximately £187.54. 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 February 14, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSI14 is 54 and the stock is currently not being overbought or oversold
Support & Resistance
Cybergy Holdings Inc finds support from accumulated volume at £189.30.
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 £5.10 between high and low, or 2.75%. For the last week, the stock has had a daily average volatility of 2.90%.
Our recommended stoploss: £177.39 (-6.39%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)
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Evaluation: Buy Candidate
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 Sell Candidate to a Buy Candidate.