Donaldson Company, Inc Forecast and Stock Analysis
Technical DCI.L stock analysis for Friday May 24, 2019.
|Shorts||17.04% ( 2019-04-15 )|
|Price to book||GBP 7.05|
|Next Earnings Date||n/a|
No changes to the price of Donaldson Company, Inc in the last trading day ( Friday, 24th May 2019 ). During day the stock fluctuated 0.00% from a day low at £4.81 to a day high of £4.81. The price has been going up and down for this period, and there has been a 1.05% gain for the last 2 weeks.
- 30 day high of the DCI.L stock price was £5.08 and low was £4.60.
- 90 day high was £5.70 and low was £4.60.
- 52 week high for the Donaldson Company, Inc - £7.20 and low - £4.60.
Donaldson Company, Inc lies the upper part of a 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 £4.88 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 -18.08% during the next 3 months and, with 90% probability hold a price between £3.72 and £3.99 at the end of this period.
There are mixed signals in the stock today. Donaldson Company, Inc holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at £4.81 and £5.05. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Wednesday May 08, 2019, which indicates further gains until a new top pivot has been found.
Relative Strength Index (RSI)
RSI14 is 14 and the stock is currently not being overbought or oversold
Support & Resistance
Donaldson Company, Inc finds support from accumulated volume at £4.76.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved £0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 1.40%.
Donaldson Company, Inc is overbought on RSI14 (14). Some stocks may go long and hard while being overbought on RSI, but overbought increases the general risk as higher volatility could be expected, and at some level the stock will have a reaction back to gain new strength.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
1.40 %Average volatility
Very Low Low Medium High Very High
Donaldson Company, Inc 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.
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