Bullish vs. Bearish (1 opinions)
Social Sentiment -0.73
GAIN Forecast and Technical Stock Analysis
Buy candidate since 2019-08-20
Gladstone Investment Corporation gained 1.39% in the last trading day ( Tuesday, 20th Aug 2019 ), rising from $11.47 to $11.63 During the day the stock fluctuated 1.39% from a day low at $11.47 to a day high of $11.63. The price has fallen in 4 of the last 10 days , but is still up by 1.75% over the past 2 weeks. Volume fell in the last day by -98 904 shares and in total, 83 295 shares bought and sold for approximately $968 721.00. 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 GAIN stock price was $11.65 and low was $11.07.
- 90 day high was $11.88 and low was $10.97.
- 52 week high for Gladstone Investment Corporation - $12.70 and low - $8.70.
Gladstone Investment Corporation is at the upper part of a horizontal trend and normally this would pose a good selling opportunity but a break-up through the top trend line at $11.70 will give a strong buy signal and a trend shift may be expected. Given the current horizontal trend, you can expect Gladstone Investment Corporation with a 90% probability to be traded between $10.89 and $11.63 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Gladstone Investment Corporation 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 $11.48 and $11.34. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday August 15, 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 also not.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line 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)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 64 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
Gladstone Investment Corporation finds support from accumulated volume at $11.52.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: $11.12 (-4.41%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 3 days ago.)
1.61 %Average volatility
Very Low Low Medium High Very High
Several short-term signals 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 period. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.
|GAIN $11.63 ($0.16 1.39%)|
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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!