Wednesday June 19, 2019 Change -0.47% Price $8.56
Chart period: 2019-03-20 - 2019-06-19
VOLUME
Sell
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

Will DXR stock price go up or down on Thu, 20 Jun 2019?

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Daxor Corp Forecast and Stock Analysis

Technical DXR stock analysis for Wednesday June 19, 2019.

Sell candidate since 2019-06-13 Loss -1.75%


Daxor Corp fell by -0.47% in the last day ( Wednesday, 19th Jun 2019 ) from $8.60 to $8.56 and has now fallen 4 days in a row. During day the stock fluctuated 1.26% from a day low at $8.56 to a day high of $8.67. The price has been going up and down for this period, and there has been a -0.96% loss for the last 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -754 shares and in total 8 465 shares bought and sold for approximately $72 460.40.

Quick summary:

  • 30 day high of the DXR stock price was $9.69 and low was $7.47.
  • 90 day high was $13.02 and low was $7.47.
  • 52 week high for the Daxor Corp - $19.95 and low - $4.30.

Trend

Daxor Corp lies in the middle of a very 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 -26.32% during the next 3 months and, with 90% probability hold a price between $4.94 and $6.83 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. Daxor 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 $8.74 and $9.03. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday June 12, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

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A sell signal from a double bottom formation was found on Wednesday June 12, 2019 with a target of $8.74. Despite the objective of the signal formation has been reached the stock may continue to fall.

Relative Strength Index (RSI)

RSI14 is 52 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Daxor Corp finds support from accumulated volume at $8.46.

Support: $8.46 Price: $8.56 Resistance: $9.50

Risk

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 $0.11 between high and low, or 1.26%. For the last week the stock has had a daily average volatility of 3.54%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

3.54 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Daxor Corp holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our recommendation for this stock since last evaluation from a Strong Sell Candidate to a Sell Candidate.

Sell Candidate Upgraded

Will DXR stock price go up or down on Thu, 20 Jun 2019?

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