Buy Score Rank #1467 out of #5176
Wed 26'th Jul 2017
Fibria Celulose SA Stock Analysis
Technical stock analysis for Wed 26'th Jul 2017
Buy candidate since 2017-07-25 Gain 0.19%
Fibria Celulose SA lies in the middle of a very 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 9.97% during the next 3 months and, with 90% probability hold a price between $10.84 and $13.65 at the end of this period.
Fibria Celulose SA holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $10.67 and $10.56. A break-up above any of these levels will issue buy signals. Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Tuesday July 25, 2017, 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 may be an early warning. The stock should be watched closely.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and priceline 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)
RSI14 is 61 and the stock is currently not being overbought or oversold
Support & Resistance
Fibria Celulose SA finds support from accumulated volume at . On the upside the stock meets some resistance just above today's level from accumulated volume at $10.65, $11.12 and $11.08.
The stock is about to test the resistance from accumulated volume at $10.65 and this may cause the stock to take a minor break or get into a more sideways move for a few days.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.21 (2.02%) between high and low. For the last week, the stock has had a daily average volatility of 2.62%.
Our recommended stoploss: $9.83 (-5.60%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, for the wholesome period, we think that today's level holds a possible buying-opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.
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