Fiserv Forecast and Stock Analysis
Technical FISV stock analysis for March 15, 2019.
Fiserv gained 0.87% in the last trading day, rising from $85.50 to $86.24 The price has fallen in 5 of the last 10 days and is down by -0.17% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 1.60 million more shares were traded than the day before. In total, 5.87 million shares bought and sold for approximately $506.00 million.
Close price at the end of the last trading day (Friday, 15th Mar 2019) of the FISV stock was $86.24. This is 0.87% more than the trading day before Thursday, 14th Mar 2019.
During day the stock fluctuated 1.97% from a day low at $85.57 to a day high of $87.26.
30 day high of the FISV stock price was $87.26 and low was $83.81.
90 day high was $87.26 and low was $68.45.
52 week high for the Fiserv - $87.26 and low - $68.43.
Fiserv lies in the lower part of a wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $84.35 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 22.88% during the next 3 months and, with 90% probability hold a price between $103.66 and $116.65 at the end of this period.
Only positive signals in the chart today. Fiserv 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 $85.69 and $84.94. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday March 08, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSI14 is 64 and the stock is currently not being overbought or oversold
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $77.82 and $74.50.
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, Fiserv finds support just below today's level at $77.82. If this is broken, then the next support from accumulated volume will be at $74.50 and $72.57.
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 $1.69 (1.97%) between high and low. For the last week, the stock has had a daily average volatility of 1.49%.
Our recommended stoploss: $81.64 (-5.33%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 5 days ago.)
Very Low Low Medium High Very High
Evaluation: Strong Buy Candidate
Fiserv holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate.