DOX Stock Forecast and Technical Analysis
Sell candidate since 2020-02-21 PDF
Amdocs Limited fell by -0.89% in the last day ( Friday, 21st Feb 2020 ) from $73.81 to $73.15 and has now fallen 3 days in a row. During the day the stock fluctuated 1.41% from a day low at $72.81 to a day high of $73.84. The price has fallen in 7 of the last 10 days and is down by -2.07% for this period. Volume has increased in the last day by 180 380 shares but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 612 458 shares bought and sold for approximately $44.80 million.
DOX Stock Price Summary
- 30 day high of the DOX stock price was $77.29 and low was $71.41.
- 90 day high was $77.29 and low was $68.02.
- 52 week high for Amdocs Limited - $77.29 and low - $52.90.
Amdocs Limited has broken the weak rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $73.19. A reaction back to this level may hold a second chance to get out before further falls.
There are few to no technical positive signals at the moment. Amdocs Limited holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $73.54 and $73.53. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday February 05, 2020, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
DOX Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 56 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.
DOX Support & Resistance
Amdocs Limited finds support from accumulated volume at $72.96.
DOX Stock Risk
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.03 (1.41%) between high and low. For the last week, the stock has had daily average volatility of 1.27%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
1.27 %Average volatility
Very Low Low Medium High Very High
DOX Stock Evaluation
The Amdocs Limited stock holds several negative signals and despite the positive trend we believe Amdocs Limited will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since last evaluation from a Buy Candidate to a Sell Candidate candidate.
|DOX $73.15 ($-0.66 -0.89%)|
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