DXR Forecast and Technical Stock Analysis
Buy candidate since 2019-11-15 PDF
Daxor Corp gained 4.21% in the last trading day ( Friday, 15th Nov 2019 ), rising from $9.27 to $9.66 During the day the stock fluctuated 5.09% from a day low at $9.25 to a day high of $9.72. The price has fallen in 4 of the last 10 days , but is still up by 3.09% over the past 2 weeks. Volume fell in the last day by -2 633 shares and in total, 2 159 shares bought and sold for approximately $20 855.90. 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 DXR stock price was $9.93 and low was $9.12.
- 90 day high was $10.48 and low was $8.75.
- 52 week high for Daxor Corp - $19.95 and low - $5.75.
Daxor Corp lies in the middle of a wide and 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 4.84% during the next 3 months and, with 90% probability hold a price between $9.60 and $10.65 at the end of this period.
Daxor Corp holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $9.44 and $9.46. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday November 14, 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 not be. The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 60 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
Daxor Corp finds support from accumulated volume at $9.30.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: $9.28 (-3.92%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)
3.81 %Average volatility
Very Low Low Medium High Very High
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.
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!