FXS Forecast and Technical Stock Analysis
Sell candidate since 2020-01-16 Loss -0.26% PDF
Guggenheim CurrencyShares Swedish Krona Trust ETF fell by -0.26% in the last day ( Friday, 17th Jan 2020 ) from $96.90 to $96.65 and has now fallen 3 days in a row. During the day the stock fluctuated 0.02% from a day low at $96.65 to a day high of $96.67. The price has fallen in 6 of the last 10 days and is down by -1.27% for this period. 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 -383 shares and in total 1 012 shares bought and sold for approximately $97 811.00.
- 30 day high of the FXS stock price was $98.65 and low was $96.65.
- 90 day high was $98.72 and low was $94.35.
- 52 week high for Guggenheim CurrencyShares Swedish Krona Trust ETF - $103.73 and low - $92.84.
Given the current short-term trend, the stock is expected to rise 2.83% during the next 3 months and, with 90% probability hold a price between $99.39 and $102.05 at the end of this period.
There are few to none technical positive signals at the moment. Guggenheim CurrencyShares Swedish Krona Trust ETF 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 $96.98 and $97.46. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Friday December 27, 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
The stock currently holds a RSI14 at 20 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Guggenheim CurrencyShares Swedish Krona Trust ETF finds support from accumulated volume at $95.87.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Guggenheim CurrencyShares Swedish Krona Trust ETF is oversold on RSI14 (20). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
0.05 %Average volatility
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The Guggenheim CurrencyShares Swedish Krona Trust ETF stock holds several negative signals and despite the positive trend we believe Guggenheim CurrencyShares Swedish Krona Trust ETF will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
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