DECK Forecast and Technical Stock Analysis
Sell candidate since 2019-08-09 Loss -7.34%
Deckers Outdoor Corp gained 1.02% in the last trading day ( Friday, 16th Aug 2019 ), rising from $132.94 to $134.29 During the day the stock fluctuated 2.21% from a day low at $132.52 to a day high of $135.45. The price has fallen in 6 of the last 10 days and is down by -8.54% for this period. Volume fell in the last day by -376 762 shares and in total, 345 698 shares bought and sold for approximately $46.42 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the DECK stock price was $179.66 and low was $132.52.
- 90 day high was $180.76 and low was $132.52.
- 52 week high for Deckers Outdoor Corp - $180.76 and low - $101.69.
Deckers Outdoor Corp lies in the lower of a very wide and falling trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $132.87 will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -2.58% during the next 3 months and, with 90% probability hold a price between $129.44 and $173.20 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday August 15, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Deckers Outdoor Corp 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 $141.12 and $162.97. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
The stock currently holds a RSI14 at 22 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Deckers Outdoor Corp finds support from accumulated volume at $132.94.
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 $2.93 between high and low, or 2.21%. For the last week, the stock has had a daily average volatility of 3.53%.
Deckers Outdoor Corp is oversold on RSI14 (22). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
3.53 %Average volatility
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|DECK $134.29 ($1.35 1.02%)|
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