GSB Forecast and Technical Stock Analysis
Sell candidate since 2019-12-06 Loss -0.48% PDF
GlobalSCAPE, Inc fell by -0.48% in the last day ( Monday, 9th Dec 2019 ) from $10.50 to $10.45 and has now fallen 4 days in a row. During the day the stock fluctuated 4.66% from a day low at $10.30 to a day high of $10.78. The price has risen in 6 of the last 10 days , but is still down by -8.01% 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 -314 278 shares and in total 210 908 shares bought and sold for approximately $2.20 million.
- 30 day high of the GSB stock price was $14.14 and low was $9.80.
- 90 day high was $14.14 and low was $9.14.
- 52 week high for GlobalSCAPE, Inc - $14.25 and low - $4.32.
GlobalSCAPE, Inc is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect GlobalSCAPE, Inc with a 90% probability to be traded between $9.07 and $13.54 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.
There are few to none technical positive signals at the moment. GlobalSCAPE, Inc holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $12.40 and $10.95. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday December 04, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 43 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
On the downside, the stock finds support just below today's level from accumulated volume at $9.80 and $9.56.
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, GlobalSCAPE, Inc finds support just below today's level at $9.80. If this is broken, then the next support from accumulated volume will be at $9.56 and $9.46.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.48 between high and low, or 4.66%. For the last week, the stock has had a daily average volatility of 5.49%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
5.49 %Average volatility
Very Low Low Medium High Very High
|GSB $10.45 ($-0.05 -0.48%)|
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