DMB Forecast and Technical Stock Analysis
Buy candidate since 2019-08-16 Gain 2.52%
Dreyfus Municipal Bond Infrastructure Fund Inc gained 0.34% in the last trading day ( Tuesday, 20th Aug 2019 ), rising from $14.60 to $14.65 , and has now gained 4 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. During the day the stock fluctuated 1.17% from a day low at $14.51 to a day high of $14.68. The price has risen in 7 of the last 10 days and is up by 2.38% over the past 2 weeks. Volume fell in the last day by -54 454 shares and in total, 35 514 shares bought and sold for approximately $520 280.00. 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 DMB stock price was $15.05 and low was $13.66.
- 90 day high was $15.05 and low was $13.17.
- 52 week high for Dreyfus Municipal Bond Infrastructure Fund Inc - $15.05 and low - $11.70.
Dreyfus Municipal Bond Infrastructure Fund Inc lies in the middle of a weak 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 8.11% during the next 3 months and, with 90% probability hold a price between $15.09 and $16.12 at the end of this period.
Dreyfus Municipal Bond Infrastructure Fund Inc 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 $14.51 and $13.94. A break down below any of these levels will issue sell signals. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 68 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $13.45 and $13.43.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Dreyfus Municipal Bond Infrastructure Fund Inc finds support just below today's level at $13.45. If this is broken, then the next support from accumulated volume will be at $13.43 and $13.27.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: $14.02 (-4.31%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 3 days ago.)
2.58 %Average volatility
Very Low Low Medium High Very High
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!